The Committee of Unsecured Creditors (UCC) of Voyager has stated that the company has yet to transfer any assets to FTX.

The committee announced on Twitter that the agreement for the bankrupt crypto lender to sell its assets to Sam Bankman-FTX Fried's has not been finalised.

Voyager, the bankrupt cryptocurrency lender that was in the process of selling its assets to FTX, has yet to transfer any assets to the troubled cryptocurrency exchange.

The Voyager token VGX, which surged when it was revealed that FTX would acquire the crypto lender's assets, was trading nearly 14% higher Thursday afternoon (15.00 am ET). The FTX token was also up 8% at the time, as part of a broader market uptick.

Voyager has not yet sold assets to FTX.

The recent approval allowing FTX to buy Voyager assets after winning an earlier action has "not been consummated," according to a statement from Voyager's Official Committee of Unsecured Creditors (UCC).

"We would like to state unequivocally that the FTX/Voyager transaction has not been completed." "Voyager has not transferred any crypto or other assets to FTX in connection with the transaction," according to a portion of the statement issued by the committee on Thursday.

As a result of the FTX developments, the UCC has stated that it will take all necessary steps to protect creditors. According to them, the team is currently evaluating all available options.

The UCC's announcement on Thursday follows FTX's suspension of customer withdrawals due to a liquidity crisis.

It also comes after reports that Sam Bankman-Fried recklessly transferred billions of dollars in customer funds to Alameda Research, the crypto exchange's trading arm, which is said to have blown everything.

Alameda reportedly owes FTX $10 billion, while Bankman-Fried has stated that the exchange requires an $8 billion emergency bailout.

5 Second Countdown Timer
Hurry up! 5 seconds left