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Bankrupt Crypto Lender Voyager Digital Heads to Auction Block

Sept. 7, 2022, 1:01 PM

Insolvent crypto lender Voyager Digital Ltd. has drawn enough interest from potential buyers to necessitate an auction.

The auction will be held at 10 a.m. on Sept. 13 in the New York offices of Voyager’s investment bank Moelis & Co., according to a notice filed in bankruptcy court Tuesday. A court hearing to approve the results is scheduled for Sept. 29.

The need for an auction means Voyager received more than one acceptable bid for its assets and no bid was clearly the best. That could be good news for Voyager customers still locked out of their accounts: a ...