FTX’s bid on Voyager’s assets approved by bankruptcy court

FlavienOctober 24, 2022

Less than a minute

FTX's bid on Voyager's assets approved by bankruptcy court

The Bankruptcy Court for the Southern District of New York gave its approval for the purchase of Voyager Digital’s assets by US-based company FTX.US. Voyager had filed for Chapter 11 Bankruptcy in early July, only a few days after suspending all trading. The acquisition by FTX will be put to a customer vote. Following the acquisition, customers should be able to get back about 72% of their funds.

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Flavien

Greetings, I go by the name of Flavien - a devoted supporter of cryptocurrency and a tech aficionado who has been keeping track of the developments in the world of blockchain and digital currencies since 2019. The potential of decentralized digital currencies to revolutionize our financial systems has captivated me, and I'm constantly exploring the most recent trends and advancements in this ever-evolving industry. As a content creator for Krypto Channel, my aim is to deliver informative and engaging articles that shed light on all aspects of the crypto world. Whether you're a seasoned investor or simply curious about blockchain technology, I am here to keep you updated on the latest happenings and trends. Being part of this lively and dynamic community is an honor, and I am thrilled to share my passion for cryptocurrency and blockchain with all of you.