FTX Leads Voyager Bankruptcy Auction

FTX is leading the charge in acquiring Voyager assets when the company’s bankruptcy auction takes place on September 13.

According to Coindesk information, exchange giant FTX is leading the way to buy Voyager Digital assets. During the auction, billionaire Sam Bankman-Fried’s exchange had a fierce competition with Wave Financial, a digital asset investment company.

In the end, Sam Bankman-Fried’s exchange is still the winner. However, the exact amount to close the transaction is not known.

As previously updated by Coincu news, after filing for bankruptcy more than two months ago, crypto lender Voyager Digital will conduct an asset auction this week. The auction will begin on September 13 at 10 am ET.

Previously, Binance and FTX were both said to want to seize the opportunity to buy Voyager’s assets in this auction. In July, FTX was also rejected by Voyager with an acquisition offer, claiming it was a “low bid”.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Foxy

CoinCu News