Voyager Digital Rejected FTX's Proposal to Offer Early Liquidity to Voyager Customers
According to the files Voyager Digital submitted to the court, the crypto lending firm has rejected the offer made publicly by FTX, FTX.US and Alameda Ventures to buy out all of Voyager's assets and outstanding loans and provide early liquidity to Voyager's customers. Voyager's lawyers thought that making such offers public could jeopardize any other potential deals by subverting "a coordinated, confidential, competitive bidding process", and that FTX "violated many obligations to the Debtors and the Bankruptcy Court". In response, SBF, CEO of FTX, said on Twitter that their proposal aimed to let Voyager customers get their assets back as soon as possible.