Voyager creditors oppose $1.9M employee retention proposal

2022.08.23 04:54

Voyager creditors oppose $1.9M employee retention proposal

Voyager Digital Holdings’ committee of unsecured creditors has filed a motion to object to the firm’s proposal to keep its employees by paying them monetary awards for staying in the company.

On August 2, Voyager Digital filed a motion to the United States Bankruptcy Court in the Southern District of New York to approve the Key Employee Retention Plan (KERP), which aims to distribute $1.9 million to 38 key employees whdeemed to be crucial to the operations of the exchange.

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