Related Articles

Sources: Binance has made a leading bid of about $50M for the assets of bankrupt crypto-lender Voyager Digital, slightly higher than FTX’s competing bid (Paul Vigna/Wall Street Journal)

Paul Vigna / Wall Street Journal:
Sources: Binance has made a leading bid of about $50M for the assets of bankrupt crypto-lender Voyager Digital, slightly higher than FTX’s competing bid  —  The exchanges both made bids near $50 million.  Voyager’s market cap was $3.9 billion in 2021  —  1x

Court records: FTX’s winning bid for Voyager Digital includes a $51M cash payment, and $60M in earnouts and incentives for Voyager users that onboard with FTX (Rohan Goswami/CNBC)

Rohan Goswami / CNBC:
Court records: FTX’s winning bid for Voyager Digital includes a $51M cash payment, and $60M in earnouts and incentives for Voyager users that onboard with FTX  —  – FTX’s winning bid for bankrupt crypto firm Voyager Digital includes a $51 million cash payment, with an additional $60 million in earnouts and incentives.

Court filing: Alameda Research plans to repay ~$128M in bitcoin and ~$70M in ether to bankrupt crypto lender Voyager and will reclaim ~$160M in collateral (Ryan Weeks/The Block)

Ryan Weeks / The Block:
Court filing: Alameda Research plans to repay ~$128M in bitcoin and ~$70M in ether to bankrupt crypto lender Voyager and will reclaim ~$160M in collateral  —  – Crypto trading firm Alameda Research will repay two large loans demoninated in bitcoin and ether.  — Once repaid, Alameda will reclaim some $160 million in collateral.

Hours after announcing an emergency deal with Binance, FTX CEO Sam Bankman-Fried deletes a Twitter thread saying the exchange and assets were “fine” (Helen Partz/Cointelegraph)

Helen Partz / Cointelegraph:
Hours after announcing an emergency deal with Binance, FTX CEO Sam Bankman-Fried deletes a Twitter thread saying the exchange and assets were “fine”  —  Sam Bankman-Fried has deleted a Twitter thread where he tried to assure customers that FTX and the assets on the platform were “fine.”