Binance reopens its proposal to buy the bankrupt Voyager

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The cryptocurrency market continues to move after the collapse of FTX.com.

Binance’s crypto exchange Binance has resumed its bid to acquire bankrupt Voyager Digital after the latter declined a takeover offer from FTX, Coindesk reported.

Binance and Voyager declined to make any official comment to Reuters.

In September, the Wall Street Journal reported that Binance and FTX had submitted bids to acquire Voyager’s assets.

At the time, FTX had prevailed with a $1.42 billion offer, but yesterday Voyager announced that the deal would not go ahead due to a bankruptcy petition filed by FTX last week for protection from its lenders.

Recall that Binance’s chief executive, Zhao Chanpeyang, said his company is recommending a recovery fund for the cryptocurrency market.

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