{"id":496227,"date":"2022-09-27T00:54:46","date_gmt":"2022-09-26T21:54:46","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/ftx-binance-and-crosstower-are-competing-to-buy-voyager-digital-assets-source\/"},"modified":"2022-09-27T00:54:46","modified_gmt":"2022-09-26T21:54:46","slug":"ftx-binance-and-crosstower-are-competing-to-buy-voyager-digital-assets-source","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ftx-binance-and-crosstower-are-competing-to-buy-voyager-digital-assets-source\/","title":{"rendered":"# FTX, Binance and CrossTower are competing to buy Voyager Digital assets: Source"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3d81f6a93c1\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3d81f6a93c1\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/ftx-binance-and-crosstower-are-competing-to-buy-voyager-digital-assets-source\/#%E2%80%9D_FTX_Binance_and_CrossTower_are_competing_to_buy_Voyager_Digital_assets_Source_%E2%80%9C\" >&#8221; FTX, Binance and CrossTower are competing to buy Voyager Digital assets: Source  &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_FTX_Binance_and_CrossTower_are_competing_to_buy_Voyager_Digital_assets_Source_%E2%80%9C\"><\/span>&#8221; FTX, Binance and CrossTower are competing to buy Voyager Digital assets: Source  &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDkvYzRkNDFjNjItNzEyZi00OGI3LWI0MGItYWYwOGY5MzczNWM1LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-6ebd806f>Cryptocurrency exchanges FTX, Binance and CrossTower are competing to acquire beleaguered crypto lender Voyager Digital\u2019s assets out of bankruptcy, according to insider sources.\u00a0<\/p>\n<p>According to details published by former investment banker and angel investor Simon Dixon, the three exchanges are competing in an auction to acquire Voyager Digital, and have each proposed their own terms and conditions for the acquisition. The details, which were also <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reddit.com\/r\/Invest_Voyager\/comments\/xm6org\/ftx_vs_binance_vs_crosstower\/\">posted<\/a> to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Reddit<\/a>, suggested that FTX and Binance have each proposed roughly $50 million in cash for Voyager\u2019s assets, though Binance\u2019s dollar amount is higher. The cash amount would go toward \u201cdeficiency and other claims,\u201d the source said.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">IF THEY WANT YOU TO TAKE THE HIT PUSH FOR EQUITY TO FILL THE HOLE: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/ThslVDktYY\">https:\/\/t.co\/ThslVDktYY<\/a>  &#8211; LATEST ON <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/investvoyager?ref_src=twsrc%5Etfw\">@investvoyager<\/a> &#8211; 3 Bidders Compete in Voyager Digital Auction With Different <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a>roaches to Platform, Upside, Cash Consideration<\/p>\n<p>\u2014 Simon Dixon (Beware Impersonators) (@SimonDixonTwitt) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/SimonDixonTwitt\/status\/1573021771879665665?ref_src=twsrc%5Etfw\">September 22, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nUnder these plans, current Voyager customers would receive their pro rata share of crypto assets and fully transition to the FTX and Binance platforms. <\/p>\n<p>On the other hand, CrossTower has proposed keeping the existing Voyager platform and app, which means existing customers do not need to transition to a new platform once the deal is finalized. Under this plan, customers would also receive their pro rata shares of assets. CrossTower&#8217;s acquisition plan would also see the exchange share its revenue with Voyager customers for several years.<\/p>\n<p>The sources that spoke with Dixon also revealed that regulation could play a significant role in who wins the auction as the United Kingdom\u2019s Financial Conduct Authority, or FCA, recently warned FTX about operating without authorization. Meanwhile, in the United States, the Committee on Foreign Investment may be concerned about allowing Binance to acquire Voyager due to national security risks.\u00a0<\/p>\n<p><strong><em>Related:\u00a0Voyager Digital assets auction set for Sept. 13 after being rescheduled from August<\/em><\/strong><\/p>\n<p>Voyager Digital filed for Chapter 11 bankruptcy in July, joining a growing list of centralized finance firms to implode during the bear market. At the time, Voyager explained that the Chapter 11 filing was part of a reorganization plan that would eventually pave the way for clients to be able to reaccess their accounts.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/ftx-binance-and-crosstower-are-competing-to-buy-voyager-digital-assets-source\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; FTX, Binance and CrossTower are competing to buy Voyager Digital assets: Source &#8220; Cryptocurrency exchanges FTX, Binance and CrossTower are competing to acquire beleaguered crypto lender Voyager Digital\u2019s assets out of bankruptcy, according to insider sources.\u00a0 According to details published by former investment banker and angel investor Simon Dixon, the three exchanges are competing&#8230;<\/p>\n","protected":false},"author":1,"featured_media":496228,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDkvYzRkNDFjNjItNzEyZi00OGI3LWI0MGItYWYwOGY5MzczNWM1LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74860,75917,117,73711],"class_list":["post-496227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cryptocurrency-exchange","tag-exchanges","tag-business","tag-investments"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/496227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=496227"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/496227\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/496228"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=496227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=496227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=496227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}