Binance.US cancels $1B Voyager asset purchase deal.

TL;DR Summary
Binance.US has backed out of its agreement to purchase $1 billion of bankrupt cryptocurrency brokerage Voyager Digital assets, citing the "hostile and uncertain regulatory climate in the United States." The deal had been blocked on March 28 by an emergency stay granted by a judge while the U.S. Department of Justice appealed Voyager’s bankruptcy plan. Voyager and the Voyager Official Committee of Unsecured Creditors both tweeted their dismay at the development shortly before Binance.US made its announcement. Voyager declared bankruptcy on July 5.
Topics:business#asset-purchase#bankruptcy#binanceus#cryptocurrency#regulatory-environment#voyager-digital
- Binance.US backs out of $1B Voyager asset purchase, blames regulatory environment Cointelegraph
- Voyager Digital Says Binance.US Sent Letter Terminating $1B Asset Buy Deal CoinDesk
- Binance Pulls Out Of Deal To Acquire Voyager Digital Assets, Here's What's Next - Voyager Digital (OTC:VY Benzinga
- Binance.US says no deal to Voyager Digital Fox Business
- Binance.US calls off $1.3 billion deal for Voyager's assets Reuters
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