Crypto lender Voyager Digital has already seen multiple bids to purchase it higher than the one from FTX and sister firm Alameda, Voyager’s attorney said in court Thursday, according to a Bloomberg report.
The offers came in after FTX said last month it would purchase the company with cash, as well as by offering early liquidity and accounts for customers’ bankruptcy claims.
Voyager rejected FTX’s offer last week, calling it a “low-ball bid dressed up as a white knight rescue» that only benefits FTX.
FTX’s offer to purchase Voyager is actually the lowest thus far, Voyager attorney Joshua Sussberg said in court, according to Bloomberg. He did not disclose details of those other bids.
Sussberg also noted that the rival offers would allow customers to recover much more than 30 cents on the dollar.
Alameda had previously given a loan of $200 million in cash/USDC and 15,000 bitcoins to Voyager.