Bankrupt crypto lender Voyager can refund clients 72% of the value of their accounts if the company can be sold to digital asset exchange FTX US.

FTX US was able to secure a two-week auction for Voyager under a deal related to court approval of the creditors’ payment plan, according to attorneys.

However, Voyager may choose to cancel the offer if it can get a higher offer that pays its customers more. US Bankruptcy Judge Michael E. Wiles approved the deal on Wednesday.

Wiles also urged Voyager for a “fiduciary exit,” which is a standard bankruptcy clause. It allows companies under the protection of the bank to accept higher offers until the sale is final.

Voyager’s bankruptcy attorney, Christine Okike, has told Wiles that FTX is currently the “only viable alternative” for the company. Still, they agreed to change the way the trustee is worded to ensure a better offer can be considered.

According to Voyager, Wiles has been asked to provide permission to send the payment plan to creditors and customers for a vote. After that, Wiles has also been asked to approve the sale if creditors vote in favor.

The sale of Voyager to FTX has been valued at around $1.4 billion, of which $51 million is cash. Additionally, as part of the sale, FTX will be moving customers onto its platform.

Under the payment plan, customers who had digital currencies on Voyager’s platform can be paid that way once FTX takes over if FTX supports that type of currency, the lawyers told Wiles.

The purchase came after several previous attempts by FTX to bail out or acquire Voyager, according to Bloomberg.

New York-based Voyager had about 3.5 million users at the end of March and 1.19 million funded accounts.

Voyager filed for bankruptcy in July. She did so after a failed attempt by Alameda Research to bail him out with a revolving line of credit. Alameda Research is an affiliated trading house of FTX.

Shortly after that attempt, FTX and Alameda announced a joint bid for Voyager. However, Voyager called it a “low” offer and rejected the attempt. While in September, Alameda said that it would return around $200 million worth of Bitcoin and Ether that it had borrowed from Voyager by the end of the month.

In addition to Voyager, Bankman-Fried has bought several struggling crypto companies, through which it has obtained customers and valuable technologies at a cheaper price.

Bankman-Fried is estimated to own more than 50% of FTX, 70% of FTX US and nearly all of Alameda.

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