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Crypto Exchange FTX Wins Bankrupt Firm Voyager’s Assets

  • The FTX US bid has $111 million of ‘additional consideration’
  • Crypto rout contributed to Voyager’s bankruptcy filing in July
Updated on

FTX US, the digital-asset exchange founded by billionaire Sam Bankman-Fried, won the auction for the assets of bankrupt crypto brokerage Voyager Digital Ltd.

The agreement is valued at about $1.4 billion, comprising an “additional consideration” worth about $111 million and the $1.3 billion market value of all the cryptocurrency at the bankrupt platform, according to a statement from Voyager Digital on Monday in New York.