FTX’s $1.4 Billion Deal for Bankrupt Lender Voyager Is Canceled
- Voyager says FTX meltdown means sale won’t go forward
- FTX hasn’t said whether it has canceled its Voyager bid
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Voyager Digital Ltd. is trying to sign a deal to sell itself to one of the bidders that lost the auction for the bankrupt crypto lender, after the winner of that auction, FTX, was itself forced into insolvency proceedings.
One of the losing bidders included crypto exchange CrossTower. CrossTower did not immediately respond to a request for comment.