Binance.US, Voyagers' $1 Billion Deal Gains Final Approval
Bankrupt crypto lender Voyager Digital has struck a deal with the U.S. Federal Government, allowing it to move ahead with its $1 billion deal with Binance.US. The crypto exchange will now move ahead and sell $1 billion worth of assets to Binance’s American branch. Voyager , the Official Committee of Unsecured Creditors, and the U.S. government concurred in a filing made on April 19 in a New York District Court that the arrangement for Binance to buy Voyager ’s digital assets could proceed as scheduled. Furthermore, according to the document, the government may continue to pursue an appeal of the provisions that, in its view, shield Voyager from particular legal liabilities. Nonetheless, the deal between the fallen crypto lender and the world’s largest exchange has been rocky from the get-go. Ups and downs in the Binance US – Voyager deal In the middle of 2022, cryptocurrency broker Voyager Digital declared bankruptcy, blaming market conditions. Several companies devised strategi...