Voyager’s Committee of Unsecured Creditors (UCC) has said that Voyager has yet to transfer any assets to FTX.
The committee tweeted that the deal to have the bankrupt crypto lender sell its assets to Sam Bankman-Fried’s FTX has not been finalised.

Voyager was a bankrupt cryptocurrency lender and was currently in the process to sell its assets. FTX is still waiting for Voyager to transfer any assets.

The Voyager token VGX, which rose significantly when it first emerged FTX would be acquiring the crypto lender’s assets, was trading nearly 14% up Thursday afternoon (15.00 am ET). The FTX token also rose 8%, with gains occurring amid a wider market upside.

Voyager’s yet to sell assets to FTX

According to a statement from Voyager’s Official Committee of Unsecured Creditors (UCC), the recent approval allowing FTX to buy Voyager assets after winning an earlier action has “not been consummated.”

“We want to make clear that the FTX/Voyager transaction has not been consummated. Voyager has not transferred any crypto or other assets to FTX in connection with the transaction,” reads part of the statement the committee tweeted on Thursday.

As a result of developments involving FTX, the UCC says it’s going to take every step necessary in the quest to protect creditors. They noted that the team is currently looking at all options.

The UCC’s communication on Thursday comes in the wake of FTX’s halting of customer withdrawals in the midst of a liquidity crunch.

It also follows reports that Sam Bankman-Fried irresponsibly moved billions of dollars of customer funds to Alameda Research, the crypto exchange’s trading arm that is said to have blown everything.

Alameda reportedly owes FTX 10 billion, and Bankman-Fried stated that the exchange needed an emergency bailout in excess of $8 billion.