Voyager Rejects FTX’s Offer, Calling It A ‘Low-Ball Bid Dressed Up As A White Knight Rescue’

Published by

Bankrupt crypto lender Voyager Digital has rejected an offer from FTX that would have allowed Voyager’s customers to receive an advance on their claims in the bankruptcy. Attorneys for Voyager argue that the offer would only benefit FTX while harming Voyager customers. FTX Offers To Support Voyager Customers In BankruptcyOn Friday, crypto exchange FTX offered to provide early liquidity to Voyager Digital’s customers as it goes through the bankruptcy process. Voyager filed for Chapter 11 bankruptcy protection about two weeks ago. Alameda Ventures, which is controlled by FTX CEO Sam Bankman-Frie…

Read More

Leave a Reply