According to Bloomberg, the defaulted Voyager Digital Ltd. intends to sell its assets to one of the bidders, who previously lost the auction to the FTX exchange.
Voyager’s chief attorney, Joshua Sussberg, said in court that FTX violated its contract to buy out Voyager. FTX has agreed that Voyager may submit other bids, he said, but has yet to confirm that it is withdrawing from the Voyager contract.
The deal to buy Voyager fell through after FTX founder Sam Bankman-Fried stepped down as CEO and the company filed for bankruptcy. The sudden collapse of the world’s second largest crypto exchange has reverberated throughout the industry, hurting troubled crypto companies like Voyager.
“We were shocked when we learned that there would be no deal with FTX,” Sassberg said, adding that he does not think that the crisis that has gripped the market will end there.
Recall that the FTX exchange won the Voyager auction in a deal approved by the court under the payment plan to creditors. It is known that the CrossTower crypto exchange was among the bidders.
Source: Bits
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