Voyager Digital Ltd. won a bankruptcy judge’s permission to pay $1.6 million in bonuses to employees deemed critical to the insolvent crypto lender’s future.
The payouts will go to 34 Voyager employees -- none of whom are top executives -- who work in areas like accounting and IT infrastructure, according to court papers. The bonuses are equal to 22.5% of each employee’s annual salary.
Voyager’s official creditor committee had earlier attacked the bonus plan as unnecessary, but dropped its objection after the crypto lender agreed to take steps including slashing the size of the bonus pool and to quickly ...
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