Voyager and FTX US are in an agreement. Voyager customers are set to adapt to FTX
Image: Dado Ruvic/ Reuters
Trade monster FTX US became the auction winner and saved the crypto lender Voyager Digital from bankruptcy. FTX US is founded by billionaire Sam Bankman-Fried.
The accord is valued at $1.4 billion, including $111 million 'incremental value.' Customers of Voyager Digital will get access to their crypto asset after the hearing of the bankruptcy affairs, as mentioned by Voyager. This arrangement between Voyager and FTX US is yet to be presented in the US Bankruptcy Court for the Southern District of New York to get approved on October 19 as mentioned by Voyager Digital.