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Voyager Digital assets auction set for Sept. 13 after being rescheduled from August

Cryptocurrency Sep 07, 2022 04:20PM ET
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Voyager Digital assets auction set for Sept. 13 after being rescheduled from August
 
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Bankrupt centralized crypto lender Voyager Digital filed a notice Tuesday with United States Bankruptcy Court for the Southern District of New York informing the court of its intention to hold an auction of its remaining assets. The auction is proposed to take place on Sept. 13 at the Manhattan office of Digital Voyager’s investment banker Moelis (NYSE:MC) & Company, with a hearing to approve the results on Sept. 29. Offers for the lender’s assets that have already been submitted.

The auction was originally scheduled for Aug. 29. In order for an auction to be held, multiple parties must show interest in the acquisition of Voyager Digital’s assets. On July 22, FTX made an offer to buy all Voyager Digital assets and digital asset loans, with the exception of loans to Three Arrows Capital (3AC). That offer was labeled “lowball” by the lender and rejected within days.

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Voyager Digital assets auction set for Sept. 13 after being rescheduled from August
 

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