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U.S. bankruptcy judge approves Binance.US $1.3 bln deal for Voyager

Mar 08, 2023 · 1 min read · 59 points
U.S. bankruptcy judge approves Binance.US $1.3 bln deal for Voyager
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Bankrupt crypto lender Voyager Digital received court approval on Tuesday to sell its assets and transfer its customers to Binance.US in a deal valued at $1.3 billion, but the company faces additional hurdles before the sale becomes final.

Highlights

  • Bankrupt crypto lender Voyager Digital received court approval on Tuesday to sell its assets and transfer its customers to Binance.US in a deal valued at $1.3 billion.
  • The company faces additional hurdles before the sale becomes final, but the deal is valued at around $1 billion.
  • Voyager Digital faces further hurdles before it can become final, including additional hurdles to complete the sale of the company’s assets and customers to the U.S.-based Binance, which is based in New York City, New York, and the rest of the world’s largest crypto-loaner platform, Binance., is in the process of completing the sale, according to the company.

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