Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Business
Simon Hunt

Billionaire Bankman-Fried’s FTX snaps up assets of bankrupt crypto firm Voyager Digital

Billionaire Sam Bankman-Fried’s crypto exchange FTX has agreed to take on the assets of broker Voyager Digital after it filed for bankruptcy.

The Bahamas-based firm won an auction of the collapsed firm’s assets with an offer to buy the crypto assets at a fair market value, alongside an additional $111 million, for a total offer of around $1.4 billion (£1.3 billion).

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.