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0 sats \ 0 replies \ @cryptocoin OP 5 Aug 2022 \ parent \ on: WSJ: Voyager Digital Is Cleared to Return $270 Million to Customers bitcoin
This $270M was in an "FBO" (For Benefit Of) account. Which means it was segregated from Voyager's money and was for the customer's USD balances with Voyager.
The $1.3B of digital assets is what will get divvied up among creditors (customers, vendors, etc.) minus lawyers fees ... and paid out pennies on the dollar years from now after the bankruptcy process is completed.