While the Ad Hoc Committee does not want to prevent the sales from occurring, it argued it needs to be involved to ensure that customers’ interests are represented.
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While the Ad Hoc Committee does not want to prevent the sales from occurring, it argued it needs to be involved to ensure that customers’ interests are represented.
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The bankrupt lender is set to hold auctions for its assets in January, while it’s been given the green light to return some customer funds.
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Voyager reopened its bidding process after FTX US, the original winner, filed for bankruptcy on Nov. 11.
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According to the Los Angeles management firm, “better bids were on the table” for depositors and the community.
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The new marketplace allows the prestigious auction house to carry out auctions and sales on the Ethereum blockchain “from start to finish.”
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Voyager hints that its customers will eventually transition to the FTX platform after it finishes its chapter 11 bankruptcy proceedings.
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After launching successful nonfungible token collections, the digital artist has set his sights on metaverse NFTs, believing they will become an important market in the future.
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