Court approves FTX’s request to buy back $1.4 billion of Voyager’s crypto assets

Bankrupt crypto lender Voyager Digital received initial court approval on Wednesday for a $1.42 billion sale of its assets to exchange platform FTX, allowing Voyager to solicit creditor votes on the proposal.

Creditor votes are due by Nov. 29, and Voyager intends to seek final approval of the sale during a confirmation hearing in December.