Binance.US terminates $1.3B deal to acquire Voyager's assets.

TL;DR Summary
Binance.US has terminated the $1 billion asset purchase deal with bankrupt crypto lender Voyager Digital, citing the "hostile and uncertain regulatory climate in the United States." Voyager Digital said its Chapter 11 plan allows for direct distribution of cash and crypto to customers via the Voyager platform. A substantive part of the deal was allowed to proceed by the US government in an April 20 filing, despite concerns the fine print of the contract would pardon breaches of tax or securities law.
Topics:business#asset-purchase-deal#binanceus#chapter-11-plan#cryptocurrency#regulatory-climate#voyager-digital
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- Binance.US calls off $1.3 bln deal for Voyager's assets Reuters
- Binance.US Terminates Deal to Buy Voyager Assets The Wall Street Journal
- Binance.US calls off $1.3 bln deal for Voyager's assets Yahoo Finance
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