Shady Dealings: Someone Made a Killing on the Rumor That Binance Is About To Acquire Voyager; Meanwhile, FTX Crypto Assets Are Now Worth Just $659!

Nov 17, 2022, 09:11 AM EST

While this news broke earlier today, someone bet heavily on Voyager's native VGX token yesterday by buying 12,305 $VGX coins, paying 3 ETH in the process.

Today, as the rumor spurred a sizable rally in the VGX token, the speculator dumped the stake for 3.62 ETH, earning a tidy profit within the span of a few hours.

Bear in mind that the unregulated crypto sector does not have insider trading rules.

Meanwhile, an FTX insider had published a rough asset tally of FTX a few days back.

If you peruse the "semi-liquid" column in the table above, you'll notice that the defunct exchange's crypto assets were valued at $5.3 billion. Well, no longer.

In its bankruptcy-related filings, FTX has now valued these crypto assets at just $659! We are lost for words here.

https://wccftech.com/shady-dealings-someone-made-a-killing-on-the-rumor-that-binance-is-about-to-acquire-voyager-meanwhile-ftx-crypto-assets-are-now-worth-just-659/