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Voyager-Binance.US Legal Fight Must Be Resolved by April 13, Court Documents Say

Voyager, a bankrupt crypto lender, and its creditors could lose $100 million if legal objections by the US government are not resolved by April 13, according to legal documents filed on Monday. Voyager is taking legal action to allow a $1 billion purchase by Binance.US to go ahead, fearing that ongoing contractual drafting quibbles could see the exchange pull out. Under the terms of the deal, Binance.US can back out if it isn't closed within four months. Lawyers for the US government have protested that the detailed terms of the contract would absolve the company from breaches of tax or securities law.

(By Jack Schickler)

Voyager Token Voyager Token $0.01
-1.1%
Voyager Digital Binance.US bankruptcy
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