In response to the process of Binance.US’s acquisition of Voyager’s assets, the Voyager Unsecured Creditors’ Committee stated on Twitter that after the bidding is completed, stakeholders in the transaction have 28 days to raise objections, and the deadline for objections is February 22 for final confirmation. A hearing on the deal is scheduled for March 2, which provides a week to respond to any objections before the hearing.

In addition, the committee stated that although Binance.US assured UCC that transferred cryptocurrencies would be protected, UCC sought greater protection from Binance.US given the unexpected collapse of FTX and the risks of theft and fraud in the cryptocurrency industry. That is, according to the revised purchase agreement, after the transaction closes, the cryptocurrency will be transferred from Voyager to Binance.US on a weekly basis, and the transferred cryptocurrency is the cryptocurrency that will be immediately distributed to the creditor's account.

Additionally, in response to a Twitter user’s question about “what day’s price is the customer’s funds recovered based on” and “is there a spreadsheet for calculating recovery estimates based on individual accounts”, the commission also responded that the price paid by Binance.US for the Voyager cryptocurrency would be Determined at a future date closer to the deal deadline. The fair market value of encrypted assets will determine the client's asset recovery rate. Clients will receive a flat percentage return regardless of their crypto holdings, including USDC. Note that this recovery estimate is based on spot prices on December 18th, so actual recovery will vary based on the value of Voyager cryptocurrency.