FTX No Longer Voyager's Saving Grace: Buyout Rejected - Voyager Digital's hopes for a quick resolution to its bankruptcy woes have taken a hit. The troubled lending platform and exchange, Voyager Digital Holdings, which entered Chapter 11 bankruptcy earlier this month of July, has officially rejected a buyout offer from FTX and its investment division, Alameda Ventures.

The proposed deal, spearheaded by Sam Bankman-Fried, CEO of FTX, aimed to restructure Voyager. As per the On July 22, Sam Bankman-Fried, the CEO of digital asset exchange FTX, proposed a restructuring deal to Voyager. The plan sought to provide immediate relief to the stricken platform's customers. Last Friday, Sam Bankman-Fried and FTX made a public offer to buyout all assets under Voyager, except loans. However, Voyager's legal team deemed the offer insufficient and potentially detrimental.

On July 24th, Voyager rejected FTX’s offer claiming that the offer is “not value-maximizing” and can “harm customers”. In the letter filed for the court as a part of the bankruptcy proceedings, Voyager cited concerns that the offer was a 'low-ball' bid by FTX exchange. Voyager believes that the FTX proposal doesn't adequately compensate creditors and could ultimately harm customers more than it helps. The fiery response released by Voyager’s legal team emphasized their commitment to exploring all available options to maximize value for its users.

The rejection signifies that Voyager Digital will continue its bankruptcy proceedings independently, searching for alternative solutions to repay its debts and compensate its users. The fate of Voyager's assets and the future of its customer funds remain uncertain, but one thing is clear: FTX is no longer Voyager's saving grace. El prestamista centralizado de criptomonedas, Voyager Digital Holdings, ha rechazado una oferta de FTX y su división de inversión Alameda Ventures para comprar sus. The situation remains fluid, and further developments are expected as the bankruptcy case progresses.