Voyager token goes up 3.9% to $0.71; FTX US wins bid

Voyager Token VGX USD, a token linked to Voyager Digital, went up by 3.9% to $0.71 at 10: 26 p.m. EDT.

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On Monday night, FTX US, a criptocurrency exchange headed by Sam Bankman-Fried, won the bid to acquire Voyager Digital for $1.3 billion atprevailing market prices.

There were also bids for Voyager from platforms such as Binance and CrossTower.

Voyager filed for Chapter 11 bankruptcy after Terra LUNA collapsed and the exchange took a hit from Three Arrows Capital's default and subsequent liquidation.

According to CoinMarketCap, the 24 hour trading volume for VGX was down 41.8% at $33.425 million.

The Luna Classic LUNC, a criptocurrency that inherited the original Terra network after a hard fork, emerged as the top intraday gainer among massive volume spikes after Binance said it would implement a burn mechanism.

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