Voyager liquidated assets at an auction

Von Krypto News Österreich

traveler
  • Voyager recently said that it was in active conversations with 22 interested parties, but she did not call
    • According to reports, FTX/Alameda, Binance and Coinbase have shown interest in the assets of the lender

Voyager Digital will separate from his remaining assets at an auction planned for next week, two months after the bankruptcy request.

an Submitted on Tuesday that the auction on September 13th Uhr et in the New York office of Voyagers Investmentbanker Moelis & Company. The results will be announced at a court hearing on September 29 at 2 p.m.

The detriment of an auction implies that Voyager has received more than an essential bid for his assets. The determination of the best bidder would be the first step for customers to get your funds locked on the platform of the broker.

In bankruptcy auctions, a debtor can decide to liquidate his debts by allows external parties to offer their possession. The external parties see this as an opportunity to buy expensive assets at a cheaper price. After the auction, the proceeds are generally to go to the creditors.

The Voyager lawyers previously said that 88 interested parties had contacted the company, but after the deadline for offers that was extended from August 26 to September 6, there could have been even more. At that time she was in active conversations with 22 parties.

The lender did not announced which parties have shown interest, but Sam Bankman-Fried made a joint offer at Alameda Ventures and FTX at the end of July. The Voyager quickly rejected this proposal and described it as a "low-ball offer that is disguised as a rescue of a white knight".

Binance is another important player in the industry who was interested in buying up the needy assets from Voyager, while Coinbase tested an offer, but according to the information retired Coindesk

Apart from the search for a buyer, Voyager tried to get customer money out. Last month it received the judicial approval return to customers. A further $ 1.3 billion of digital assets on the company's platform are distributed to the creditors during the bankruptcy proceedings.

. .

The contribution "Voyager to Liquidate Assets at auction" is not a financial advice.