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cryptonews
2022-07-25 08:48:00

FTX Proposal is a 'Low-ball Bid Dressed Up as a White Knight Rescue' - Voyager

FTX Proposal is a 'Low-ball Bid Dressed Up as a White Knight Rescue' - Voyager

Crypto platform Voyager Digital argued that a joint offer proposed by crypto exchange FTX and linked trading firm Alameda is a “low-ball bid” that could disrupt the company’s bankruptcy process, to which FTX CEO Sam Bankman-Fried replied that the offer would provide Voyager customers with 100% of the remaining assets that Voyager has, as opposed to the “traditional” process under which, before customers obtain their assets, “they get fucked.”...Read More: FTX Proposal is a 'Low-ball Bid Dressed Up as a White Knight Rescue' - Voyager

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