Numerous companies are stepping forward to buy the bankrupt cryptocurrency lender Voyager Digital, which has started to strengthen the business.
When Voyager went bankrupt, Alameda Research, the company owned by young billionaire SBF, lent the company $200 million USDC and 15 thousand BTC. However, the deal was objected by Binance CEO CZ. Later when Alameda Research, and FTX Exchange, the principal company of SBF, offered to buy Voyager, the bankrupt company declined the offer.
Following this occurrence, SBF criticized Voyager, and even advised the company to return investor funds rather than wasting it on a legal bankruptcy process. (Read)
CEO SCAM
Voyager CEO Stefan Ehrlich has also been accused of selling the company's shares at its peak, suggesting that Ehrlich was aware of the company's possible bankruptcy. However, recently there are new changes, even the bankruptcy court.
TO Return $200 Million
Now that the court has allowed Voyager to return $270 million to consumers, the news is welcome, but not sure how Voyager will return, as it has been asked to be returned in dollars, so crypto consumers now are still in doubt.
Sell Process
Voyager is now beginning to receive bigger offers as well. There are supposedly 88 parties, 22 of which are said to be in active conversations, however no identities of the interested companies have yet been made public. The sale hearing will be on September 7 2022, and the last offer deadline is August 26 2022..