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FTX wins $1.4bn auction for Voyager Digital assets
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Voyager says that FTX US's trading platform will enable customers to trade and store cryptocurrency after the conclusion of the company's chapter 11 cases. The deal will be presented to a US bankruptcy court next month and the sale of the assets is still dependent on a vote by creditors.Voyager filed for Chapter 11 bankruptcy protection in July, listing assets of between $1 billion and $10 billion and liabilities in the same range.The company suffered a blow when Three Arrows Capital went a week earlier, defaulting on a loan of 15,250 BTC and $350 million USDC.
Read more on finextra.comAbout this in other media
Crypto News Summary: FTX V2 Announced, Transit Finance Hacker Returning Funds, Dapper Labs Restricts Russian Accounts cryptonews.com /1 year ago
From first downs to crypto: A former NFL player gets into digital assets cointelegraph.com /1 year ago
FTX’s $1.4B bid on Voyager Digital assets: A gambit or a way out for users? cointelegraph.com /1 year ago
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