Voyager Native Token VGX broke above $0.71, up 22.9% in 24 hours

BlockBeats news, September 7, according to CoinGecko data, the bankrupt crypto broker Voyager Digital native Token VGX breached $0.71, is now quoted at $0.718711, 24 hours up 22.9%. Voyager Digital is understood to have filed a revised bid process with the U.S. Bankruptcy Court on August 22, 2022, to sell all of its essential assets. The debtor sought court approval to sell all of its essential assets to the winning bidder. Bidders have until September 6, 2022 to submit their bids with a margin. If the debtor receives any qualified bids, then it will conduct an auction of its assets on September 13, 2022. A sale hearing is scheduled for September 29, 2022. Proceeds from the sale will be used to repay pre-application loans owed to debtors.