Discover and read the best of Twitter Threads about #Alemeda
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⚠️ Live from #Voyager court hearing ⚠️
As of 2/27/23: Estimated 73% recovery.
If #Alemeda claim goes through: Estimated 48% recovery.
As of 2/27/23: Estimated 73% recovery.
If #Alemeda claim goes through: Estimated 48% recovery.
⚠️ Judge Wiles slamming the SEC rep about their objection. ⚠️
Says, (paraphrase) "You're asking the debtor to prove that the cryptos being transacted are not securities, but you've given no regulatory guide as to what that is."
Says, (paraphrase) "You're asking the debtor to prove that the cryptos being transacted are not securities, but you've given no regulatory guide as to what that is."
⚠️ US Trustee says (paraphrase), "Of the eligible creditors, only 6% voted. This makes the 97% approval misleading. Additionally there should have been more information in the disclosure statement so that creditors understood what they were voting on." ⚠️
