Voyager Digital, the insolvent cryptocurrency lender, has called off the purchase of FTX US, which also filed for bankruptcy on Friday. After competing against competitor exchange Binance and digital asset investment company Wave Financial, FTX spent $1.4 billion to secure the bidding battle to purchase the holdings of Voyager. Following the discovery earlier in the week of the company’s severe liquidity issue, FTX US, together with its international parent corporation, FTX, and quantitative trading firm Alameda Research, filed for Chapter 11 Bankruptcy protection in the United States on Friday. The portfolio of businesses is now acknowledging a significant shortfall in The post Voyager Opens Bidding Process Officially After FTX’s Demise appeared first on Cryptoknowmics-Crypto News and Media Platform .
