The lender is seeking to expedite a United States national security review of the deal to offload assets to Binance US.
January 11, 2023 - Bankrupt crypto lender Voyager Digital is one step closer to a possible lifeline as its proposed deal to offload some of its assets to Binance US moves forward.
According to a report by Reuters, Voyager received initial court approval on Tuesday to proceed with a proposed $1 billion sale of its assets to Binance US.
U.S. Bankruptcy Judge Michael Wiles has given Voyager the approval to enter into an asset purchase agreement with Binance.US. They are also able to seek the approval of the sale via a future court hearing.
Voyager’s lawyer, Joshua Sussberg stated "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,"
Require Some Guidance in Finding The Right Provider?
Let One of Our Experts Help!
Use the LiquidityFinder Match Matrix to find the right provider for your electrionic trading business!
Get Started
Featured News on LiquidityFinder
Latest News on LiquidityFinder
Find The Right Providers For Your Trading Business
1
Step 1
Please Select Which Category Best Describes You:
Try Our Free Match Matrix
LiquidityFinder aims to take the guesswork out of finding the right trading partners.
2022 Copyright © Liquidity Finder Ltd. All rights reserved.
Liquidity Finder Ltd is incorporated in England and Wales, company number 10610740, and whose registered address is 167-169 Great Portland Street, Fifth Floor, London W1W 5PF, United Kingdom. Liquidity Finder Ltd is authorised and regulated in the UK by the Financial Conduct Authority. Registration number 788694.
Liquidity Finder endeavours to keep all information displayed on these pages accurate and up to date but we cannot guarantee that the page will be error-free or up to date. All information is provided for general information purposes only. It does not claim to be or constitute legal or other professional advice and cannot be relied upon as such. Please refer to our Terms of Service for more details.
To personalize content, provide a optimal experience, tailor and measure engagement; the browsing, navigating and the continous use of this website means you agree to the Terms of Service, Privacy Policy & Security Policy of this website. Your choices on this website will be applied globally throughout the website.
LiquidityFinder & Our Partners
Your behavior, data and actions may be utilized to offer you optimal connections and services by approved and suitable providers fitting your account requirements and website actions. When contacting providers or initiating a provider request, match matrix or expert match review we may share necessary data to evaluate your compatability with our connected partners and suitable providers.