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Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022.
Jeenah Moon | Bloomberg | Getty Images
FTX’s winning $1.4 billion bid for bankrupt crypto firm Voyager Digital was announced earlier this week, but court filings indicate that the cash paid for the firm itself is significantly lower — $51 million.
The bulk of FTX’s offer focused on Voyager’s crypto holdings, which amounted to $1.31 billion. Those holdings will be distributed to eligible creditors on a pro rata basis, the filings say.
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