Voyager unhappy by FTX fallout, says it has to find a new buyer now
During a hearing yesterday, Voyager Digital’s legal team expressed “shock, disgruntlement, and dismay” at having to reopen the bidding process for its distressed assets following FTX’s bankruptcy. The Voyager Official Committeee of Unsecured Creditors reopened the bidding process last week, stating in a press release that no assets had been transferred to FTX US. It did, however, mention a $5 million “good faith” deposit from FTX US that is being held in an escrow account. According to Bloomberg, Joshua Sussberg said during a Voyager bankruptcy hearing on Tuesday, “We were shocked, disgruntled, and dismayed.” “There will be no transaction with FTX, I believe that is self-evident.”