Voyager Announces Timeline To Return Customer Funds, Reorganization

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After getting court approval to restore access to customer funds, Voyager on Friday gave an important update.
Acknowledging user concerns, the company said it soon begin processing cash withdrawals thanks to the approval.

When Will Voyager Customer Funds Be Returned?

Voyager said in a blog that it is planning to allow customers with access to cash withdrawals around August 11. It said that customers will receive an email with details before cash withdrawal getting access in the app. After the withdraw requests are made, the customers would get cash in about 10 days, it added. Voyager said it will conduct manual review for frauds and account reconciliation.

“We anticipate resuming access to the Voyager app for cash withdrawals only, starting on Thursday, August 11. Customers with cash in their accounts will receive an email.”

After cash withdrawals are enabled, the Voyager users withdraw up to $100,000 per day.

Anvesh reports major developments around crypto adoption and price analysis. Having been associated with the industry since 2016, Anvesh is a strong advocate of decentralized technologies. Follow Anvesh on Twitter at @AnveshReddyBTC and reach him out at [email protected]

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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