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Voyager Slams FTX’s Rescue Bailout as a “Low-Ball Bid” | Crypto Minute

May 5, 2023
in Trade Tube
Reading Time: 1 min read
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Voyager is one of the companies that was swept up in the Three Arrows liquidation after the hedge fund defaulted on a Voyager loan. Sam Bankman-Fried’s FTX claims that it wants to step in and protect the customers who have been impacted by the bankruptcy and the freezing of customer withdrawals.

The deal would allow Voyager customers to have the “opportunity to start a new account with FTX with an opening cash balance funded by an early distribution on a portion of their bankruptcy claims.”

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