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Crypto lender Voyager Digital has already received multiple bids to buy it that are higher than the one from the FTX exchange and its sister firm Alameda, Voyager’s attorney said in court Thursday, according to a Bloomberg report.
Voyager Digital got the other offers after Sam Bankman-Fried's FTX offered last month to purchase the company with cash and offer early liquidity on customers’ bankruptcy claims. These customers would also be able to create new accounts on FTX.
Voyager rejected FTX’s offer last week, calling it a “low-ball bid dressed up as a white knight rescue" that only benefits FTX.
FTX’s offer to purchase Voyager is actually the lowest received thus far, Voyager attorney Joshua Sussberg said in court, according to Bloomberg. He did not disclose details of those other bids.
Sussberg also said the rival offers would allow customers to recover much more than 30 cents on the dollar.
Alameda had previously given Voyager a loan through a $200 million cash/USDC-backed credit facility and 15,000 BTC.
Crypto lender Voyager Digital has already received multiple bids to buy it that are higher than the one from the FTX exchange and its sister firm Alameda, Voyager’s attorney said in court Thursday, according to a Bloomberg report.
Voyager Digital got the other offers after Sam Bankman-Fried's FTX offered last month to purchase the company with cash and offer early liquidity on customers’ bankruptcy claims. These customers would also be able to create new accounts on FTX.
Voyager rejected FTX’s offer last week, calling it a “low-ball bid dressed up as a white knight rescue" that only benefits FTX.
FTX’s offer to purchase Voyager is actually the lowest received thus far, Voyager attorney Joshua Sussberg said in court, according to Bloomberg. He did not disclose details of those other bids.
Sussberg also said the rival offers would allow customers to recover much more than 30 cents on the dollar.
Alameda had previously given Voyager a loan through a $200 million cash/USDC-backed credit facility and 15,000 BTC.
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