Voyager’s $1B deal with Binance.US moves forward after deal with Feds
The bankrupt crypto lender struck a deal with the U.S. government and its $1 billion sale of cryptocurrencies to Binance.US has moved forward.
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Bankrupt cryptocurrency lender Voyager Digital Holdings has sealed a deal with the United States Federal government that moves forward a $1 billion plan allowing Voyager to sell its assets to the U.S. arm of Binance.
An April 19 filing in a New York District Court saw Voyager, the Official Committee of Unsecured Creditors and the U.S. government agree that the deal for Binance to acquire Voyager’s digital assets could move forward as planned.
The filing states the government can continue to work on an appeal on what it claims are provisions allowing Voyager to be immunized from certain legal liabilities.
Previously the deal with Binance.US was temporarily halted by a federal judge after a request by the United States government for an emergency stay.
This is a developing story, and further information will be added as it becomes available.
