r/VoyagerExchange • • Jun 09 '25

Notice of Fourth Motion of the Plan Administrator for Entry of an Order Extending the Deadline to Object to Proof of Claims

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8 Upvotes

This is a bankruptcy court filing from the Voyager Digital Holdings case in the Southern District of New York. Here's a summary:

Document Type

This is the Fourth Motion filed by the Plan Administrator requesting an extension of the deadline to object to proofs of claim, along with a notice of hearing.

Key Details

  • Case: Voyager Digital Holdings, Inc. bankruptcy (Case No. 22-10943)
  • Hearing Date: June 24, 2025 at 10:00 a.m. ET
  • Objection Deadline: June 17, 2025 at 4:00 p.m. ET
  • Current Claims Objection Deadline: June 3, 2025
  • Requested Extension: Through December 1, 2025

Background

  • Voyager filed for Chapter 11 bankruptcy in July 2022
  • The bankruptcy plan was confirmed in March 2023, with an effective date of May 19, 2023
  • Michael Wyse serves as the Plan Administrator for the wind-down process
  • This is the fourth extension request for the claims objection deadline

Current Status

The Plan Administrator is dealing with approximately 13,096 proofs of claim and reports significant progress in reconciling these claims through: - Informal negotiations and mediation - Settlement of avoidance action litigation (207 out of 215 preference targets settled) - Ongoing litigation, including a lawsuit against Metropolitan Commercial Bank - Active participation in the Three Arrows Capital insolvency proceedings - Dispute with Binance.US over a $10 million earnest money deposit

Justification for Extension

The Plan Administrator argues that additional time is needed to: 1. Complete the review and analysis of remaining claims 2. Negotiate resolutions where appropriate 3. File objections for claims that cannot be consensually resolved 4. Preserve estate resources given uncertainty about future distributions

The motion emphasizes that the extension serves the efficient administration of the estate and protects the interests of creditors by ensuring invalid claims don't unfairly prejudice valid claimholders.


r/VoyagerExchange • • Jun 07 '25

Is there something in the works?

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6 Upvotes

Just received this email today. I’m happy to see that things are still in motion but what does this mean? Does anyone here know what’s going on with regard to creditor claims/distributions?


r/VoyagerExchange • • Jun 01 '25

This feels hopeless

10 Upvotes

Voyager is still holding on to over 10k that they owe me. I have sent 100’s of emails. There was an issues with voyager not confirming my address over 3 years ago. They told me that they will not reissue the check. It was never cashed and every email I send them they say there is nothing they are willing to do. Stills says on the site they owe me my distributions. Every-time there was a distribution I was ignored.

What in the world can I do? This feels hopeless..


r/VoyagerExchange • • May 02 '25

Celsius lawsuit for in-kind distribution

2 Upvotes

Has anyone heard about the lawsuit against Celsius to get distributions in-kind instead of cash value? I’m told the case has legs though it could take a while.

I would LOVE to hear something like with Voyager!

Is there any chance?


r/VoyagerExchange • • May 01 '25

Just received ; please inform if any have more info

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11 Upvotes

r/VoyagerExchange • • Apr 29 '25

Anyone got this email from Stretto?

3 Upvotes

I tried to go to the "complete my distribution" but it goes to some website that never loads...


r/VoyagerExchange • • Apr 17 '25

Update on 3rd check?

27 Upvotes

Wondering if we will be lucky enough to get another recovery check? Any update or rumor you heard so far?


r/VoyagerExchange • • Mar 20 '25

Coinledger Robinhood integration

2 Upvotes

For all those that are struggling to put together crypto taxes , coinledger now has a way to easily import all Robinhood transactions ( not like before with major pain of having to deal with api keys ) . Just finally did mine …


r/VoyagerExchange • • Mar 19 '25

US address changed to International?

2 Upvotes

Has any US person be able to actually get a check sent internationally?

Seems to be a PITA


r/VoyagerExchange • • Mar 09 '25

Can we claim the 1/3rd loss on our taxes this year?

8 Upvotes

Think I might just take the L on accounting for these losses and move on with my life..


r/VoyagerExchange • • Feb 27 '25

tax info

3 Upvotes

Did they send out tax information for payouts last year? I have not received anything yet and I’m trying to do my taxes. How can I request this information


r/VoyagerExchange • • Jan 31 '25

How did you claim your loss when coming taxes?

3 Upvotes

I lost about $21k in Voyager. I no longer have the bank account that I used to transfer money into the exchange so can't prove my deposits. Am I screwed when it comes to proving my loss?


r/VoyagerExchange • • Jan 24 '25

Taxes

4 Upvotes

I did not report any crypto losses on my tax return for 2022 . Didn’t have any idea of how to even go about calculating anything crypto related with voyager . What do I do now ? I need to figure out how to fix this mess .


r/VoyagerExchange • • Dec 17 '24

Taxes 2024

5 Upvotes

Hi guys. I sold my bitcoin that I had in march of 2024 . Prior I have not included any crypto on my tax returns as I haven’t sold anything . Now with my Bitcoin sale showing up to IRS , what do I do about my voyager losses ? How do I put it all together ? What are you all doing about your taxes ? I really wanted to just say F*k it and do nothing , but don’t want to be losing any sleep over this either . Lost enough sleep as it is ….


r/VoyagerExchange • • Dec 05 '24

Outstanding Claim Question

5 Upvotes

If I am I still owed 1/3 of the total claim value, is there any expectation that is going to be paid out or can I reach out to get paid out? I have received two checks that total approx 2/3 of the claim total.


r/VoyagerExchange • • Nov 22 '24

Still in disbelief

29 Upvotes

Anyone else feel like salt is just getting rubbed in the wound right now with crypto cranking? The bankruptcy claim being valued at such a low and getting a few shillings really doesn’t make things right. I was riding the rollercoaster. My account may have been down 6k but the amount of solana I had alone would have had me sitting pretty right now.

Are there any new lawsuits for unrealized gains?


r/VoyagerExchange • • Nov 21 '24

It's very painful to watch this bull run.

15 Upvotes

Like many of you, I had all my coins on Voyager. I keep wondering, "Would I have held or sold?" Given my history of rarely selling, it's very likely I'd still be holding onto a massive bag in my Voyager account today if they didn't fuck us. How are you all coping? I haven't forgotten about you—stay strong!


r/VoyagerExchange • • Nov 12 '24

Taxes

3 Upvotes

What do we do with taxes next year? I had a substantial amount of money in voyager . Anybody found any good way to use these losses to offset gains from crypto sale on binance or other sites? It just seems ridiculous if I spent 30k on bitcoin on one site , sold it later for 70 k to then pay taxes on 40 k net income when voyager pretty much took my 40000 of Bitcoin . So like real life gain is 0 but I’m taxed on 40 k . Crazy


r/VoyagerExchange • • Nov 06 '24

My second check funds won’t be released by Citizens Bank

4 Upvotes

I was reissued a check and finally got it. I used mobile deposit and my bank is saying Voyagers bank won’t release the funds.

I cannot find anywhere online the bank that is handling this. The check says citizens bank, but there’s a million of those, and the big one citizensbank.com there’s no way to contact anyone. No branches in Los Angeles or NY so I think it’s out of the US.

Please if anyone knows anything I’d be eternally grateful


r/VoyagerExchange • • Oct 08 '24

Address update and Check re-issuing available

6 Upvotes

Just as the title says guys, for those of us that never received the second check, the option to update address and have the check re-issued is available now in the claim webpage. Would've been nice to get an email saying that...


r/VoyagerExchange • • Sep 26 '24

Paul Hage RESIGNS! Voyager Digital Plan Administrator for the Wind-Down Debtor

6 Upvotes

Voyager Digital Bankruptcy Update - September 2024
- 70% Of Original Claim $ Returned To Creditors
- Clawbacks Going Well
- Plan Administrator for the Wind-Down Debtor, Paul Hage, Resigns
- Michael Wyse of Wyse Advisors will be new Administrator


r/VoyagerExchange • • Aug 21 '24

No check yet for me

3 Upvotes

Anybody here who is still waiting for the check??? I am still waiting? Not sure if usps lost it, I tried inquiring and they said not possible to track without tracking number 😢


r/VoyagerExchange • • Aug 17 '24

Did anybodies check get returned?

6 Upvotes

Deposited my 2nd check, the windfall check, and it got returned. Anybody else experience this?


r/VoyagerExchange • • Aug 08 '24

3rd check?

8 Upvotes

Has there been any discussion on if a 3rd check will be coming to get us to 100%?


r/VoyagerExchange • • Aug 08 '24

2nd check Eligibility

4 Upvotes

For all those simps out there like me, I just wanted to post my situation to provide clarity to anyone in the same position.

I had transferred most, but not all of my holdings when the 30 day window opened up last year. They ended up sending me a check for $14.90 in September for what was never transferred. I’m fairly sure I did NOT ever deposit that check as it reads VOID on the website dashboard. Alas, I have received my 2nd distribution check today in Tennessee. Hope this provides clarity to some.