Bankrupt crypto lender Voyager Digital received initial court approval on Tuesday for a proposed $1 billion sale of its assets to Binance.US, and said it will seek to expedite a U.S. national security review of the deal. U.S. Bankruptcy Judge Michael Wiles in New York allowed Voyager to enter into an asse
Bankrupt crypto lender Voyager Digital received initial court approval on Tuesday for a proposed $1 billion sale of its assets to Binance.US, and said it will seek to expedite a U.S. national security review of the deal.
"We are coordinating with Binance and their attorneys to not only deal with that inquiry, but to voluntarily submit an application to move this process along," Sussberg said. Voyager estimates the sale will allow customers to recover 51 per cent of the value of their deposits at the time of Voyager's bankruptcy filing.
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