Troubled Voyager Digital to Auction Blocked Assets

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Bankrupt cryptocurrency brokerage firm Voyager Digital is going to auction its frozen assets between buyers on September 13. According to a court document filed on Tuesday, the results of the auction are expected to be approved by a court on September 29.

It was not disclosed which parties were planning to participate in the auction, although reports earlier said that FTX and Alameda Research were among those interested in Voyager's assets.

In early July, Voyager Digital suspended trading, deposits, withdrawals and loyalty rewards, citing "current market conditions" after Three Arrows Capital (3AC) had failed to repay over 15,250 BTC and $350 million in USDC.

Later, the broker filed for bankruptcy protection. Voyager reportedly has over 100,000 creditors, and holds on its list assets and liabilities of up to $10 billion.

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