FTX Leads Voyager Digital Asset Acquisition From Bankruptcy

FTX is leading the acquisition of Voyager Digital, a cryptocurrency lender that has filed for bankruptcy in this year’s industry crisis. But higher deals can still happen in the coming days. According to a person familiar with the matter,

The auction will take place this week through the bankruptcy court for Voyager’s assets, in the final stages of a battle between billionaire Sam Bankman-Fried’s FTX exchange. Wave Financial digital asset investment company

“FTX is bidding higher,” added a person familiar with the matter. But it’s unclear how much FTX agrees to pay.

Previously, FTX and Binance were in the hunt to buy Voyager. FTX submitted an offer for the Voyager Digital assets, which was rejected in July as a “continuation”. The wave’s presence among bidders has never been revealed before.

After the crypto market crash in early July, Voyager banned its customers from withdrawing their funds. The company’s customers then become the company’s creditors in bankruptcy court. being forced to comply with complex debt restructuring

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