Crypto lender Voyager Digital to resume customer cash withdrawals

Struggling cryptocurrency lender Voyager Digital (OTCPK:VYGVQ) is planning to resume its customers' access to only U.S. dollar withdrawals starting on August 11, according to a blog post released Friday.The news comes after Voyager (OTCPK:VYGVQ), which filed for bankruptcy protection in July, received court approval on August 4 to return cash to its customers held in a deposit account at Metropolitan Commercial Bank. Recall when Voyager incurred huge losses fueled by the collapse of crypto hedge fund Three Arrows Capital.Voyager (OTCPK:VYGVQ) is expecting its customers to receive their funds in about 5-10 business days after making their requests from the MCB, the blog read.As part of its reorganization process, the company said it's "simultaneously pursuing a standalone restructuring process and a potential sale of the company."Once users gain access to the Voyager app for cash withdrawals, they can request withdrawals of up to $100K via ACH in a 24-hour period.Towards the end of July, Sam Bankman-Fried's FTX proposed a joint offer to give early liquidity to Voyager Digital's bankruptcy investors.