0 sats \ 1 reply \ @21m OP 27 Sep 2022 \ on: FTX Wins Auction for Bankrupt Crypto Broker Voyager Digital’s Assets bitcoin
FTX won an auction for the assets of Voyager Digital Ltd. with a bid valued at $1.42 billion.
Voyager said there were multiple rounds of bidding, and that it had considered both a sale and a stand-alone reorganization. It said FTX’s bid was the highest and best bid for its assets, and includes the worth of all of Voyager’s cryptocurrency—which it estimates to be $1.3 billion at current market prices—plus an additional consideration of $111 million.
Voyager said the assets will be sold at their fair value on a future date that has yet to be determined.
did voyager hold other people's assets?
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