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Journalists learned about the new application of Binance.US in auction for Voyager assets

ByAderinser

Oct 28, 2022

Journalists learned about the new application of Binance.US in auction for Voyager assets

American Binance division submitted a new application to participate in the auction for the sale of assets of the bankrupt lender Voyager Digital. About this with reference to informed sources writes Coindesk.

In October, Voyager reached a preliminary agreement with FTX US. The transaction involved a return to customers of the last 72% of the amount of their assets.

In September, the company, established by Sam Bankman-Fried, won the auction for the sale of assets, offering about $ 1.4 billion.

At that time, FTX US offered the best conditions than Binance US. The media reported that the latter participation was in question due to “xenophobia” and national security issues.

After the FTX Group is submitted on November 11, Voyager Digital’s insolvency statement announced the restart of the auction and readiness to discuss the conditions with potential buyers. According to media reports, Wave Financial and Cross Tower have already shown interest.

Against these messages, Voyager (VGX) has jumped in price by 41% over the past 24 hours. Over the past seven days, the increase has reached 92.8%, according to Coingeco.

Thomas Brazil, managing partner 507 Capital, noticed that the process can complicate Voyager’s intention to file a lawsuit against FTX US for violation of the contract.

Recall, on November 14, Binance announced the launch of the fund in order to reduce the “cascading negative impact” of the FTX collapse on the industry.

CEO Binance Chanpen Zhao compared the current situation in the cryptocurrency market with the financial crisis of 2008. In his opinion, in the coming weeks, even more companies may collapse.

The other day it became Ethereum Name Service. known about the study of the US Congress Role of Binance in the collapse of FTX.

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