.investvoyager, the lender whose collapse into bankruptcy worsened this year’s crypto market crisis, is attracting takeover interest from some of the biggest players in the space including exchanges binance and FTX_Official.
, remains in the running, according to a person with direct knowledge of the crypto exchange’s plans.Coinbase’s involvement was in the form of a potential partnership with Callaway Capital Management, a Washington, D.C.-based firm that specializes in distressed assets. Coinbase, the largest U.S. crypto exchange, evaluated a possible restructuring plan for Voyager but backed out after concluding “the financials don’t add up,” according to a person with direct knowledge of the company’s thinking.
That turned its customers – and those of Celsius – into company creditors in bankruptcy court, forced to get in line with sophisticated restructuring lawyers and financiers as novice participants in a potentially laborious process to get their funds back.Updates to add Voyager Token's performance.
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