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Voyager Digital to auction rest of properties

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Collapsed crypto loan provider Voyager Digital will auction the last of its properties on September 13 as it goes through the Chapter 11 personal bankruptcy procedure.

The auction will be held at Moelis & & Business, Voyager’s financial investment banks’ workplaces in New york city.

The due date to send quotes ended on September 6 and the outcomes of the auction will end up being last throughout a court hearing on September 29, according to the filing.

Although the identities of the bidders have actually not been exposed, cryptocurrency exchanges Binance and FTX are reported to have actually suggested an interest in getting the staying properties.

Nevertheless, the 2 exchanges aren’t alone in their hopes of getting Voyager’s properties. Around 22 financiers are stated to have actually gone through due diligence and have actually likewise revealed an interest in bidding, according to a discussion from the insolvent crypto loan provider in August.

A tweet from the business validated that “several quotes were sent as part of the business’s restructuring procedure”.

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