Business News
FTX’s bid on Voyager’s assets approved by bankruptcy court
![FTX's bid on Voyager's assets approved by bankruptcy court](https://kryptochannel.com/wp-content/uploads/2022/10/FTXs-bid-on-Voyagers-assets-approved-by-bankruptcy-court.webp)
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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