Voyager to open auction of remaining digital assets on September 13

On Tuesday, the bankrupt crypto lender Voyager Digital filed a petition with the US Bankruptcy Court. South of New Yorkinformto the court of the intention to auction the remaining assets The bid is set to take place Sept. 13 at the Manhattan office of Voyager investment banker Moelis & Company, with consideration for approval on Sept. 29.

Originally, the auctionhaveScheduled on 29 Aug. In order for the auction to be held Many parties had to show interest in acquiring Voyager Digital assets. On July 22, FTX submitted an offer to acquire Voyager Digital assets and all digital asset loans. Except for a loan to Three Arrows Capital (3AC), the offer was labeled “too low” by the lender and rejected a few days later.

Voyager Digital’s bankruptcy comes days after the company issued a notice of default. And it is considering legal remedies against Three Arrows Capital, which owes 15,250 Bitcoin (BTC) and 350 million USDC, with Voyager Digital ensuring its clients will continue to service their accounts.

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Voyager to open auction of remaining digital assets on September 13 appeared first on Bitcoin Addict.


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