- VGX jumped more than 55% to $0.45, the highest level since Oct. 21, according to CoinDesk data.
- The token is still down 85% this year.
- Voyager ended a deal to be bought by FTX, agreed in September, after the Sam Bankman-Fried-led crypto exchange collapsed last week.
- FTX beat out Binance and Wave Financial with a bid valued about $1.4 billion.
- Voyager filed for Chapter 11 bankruptcy protection in early July, citing more than 100,000 creditors and between $1 billion and $10 billion in assets and liabilities.
- Many crypto lenders, which had doled out large loans to the now-defunct hedge fund Three Arrows Capital, have suspended withdrawals and filed for bankruptcy in the past four months.
UPDATE (Nov. 17. 09:44 UTC): Adds chart, value of FTX offer.
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