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Voyager Finally Strikes A Deal With the US Government to Allow Binance.US Acquisition

Voyager Digital has confirmed that the Unsecured Creditors Committee (UCC) has agreed with the US government to allow Binance.US's proposed acquisition of the bankrupt crypto lender to move forward. In April 2023, Voyager faced heavy liquidity demand and filed for Chapter 11 bankruptcy. Binance.US had shown interest in acquiring Voyager Digital's assets, and FTX had also shown similar interest but went out of the equation following its own bankruptcy. Binance has been facing regulatory troubles, and last month, the US Commodities and Futures Trading Commission sued Binance.US for violating derivatives laws and accused Binance and its employees of instructing US customers to use virtual private networks to obscure their locations. (coingape)

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