FTX acquires Voyager Digital – Katoch Tubes

FTX Acquires bankrupt Voyager Digital

About Voyager Digital

Like Celsius network, Voyager Digital is a centralised crypto lender that has declared bankruptcy & filed a notice with the United States Bankruptcy Court 

About FTX

Founded by Sam Bankman Fried. FTX is a leading crypto exchange registered in Bahamas & is one of the trusted platforms after Binance.

What's the news?

Bankrupt crypto lender Voyager Digital said that crypto exchange FTX has won an auction for its assets, in a bid valued at about $1.42 billion

Voyager current worth

The market value of the cash strapped Voyager stands at $1.31 Billion.

Chapter 11 Bankruptcy

Voyager filed for Bankruptcy  in July 2022. It failed to make  a payment on a loan of 15,250 bitcoin and has a list of over 100,000 creditors.

Bankrupt Giant

Checkout Celsius network & its IOU crypto launch plan

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