Binance.US has withdrawn from its planned $1 billion acquisition of Voyager, citing the „hostile and uncertain” regulatory climate in the United States.
Voyager, which filed for bankruptcy in 2022, will now distribute cash and crypto directly to its clients through its own platform. In the wake of the collapse of the FTX deal, Voyager struck a $1 billion buyout agreement with Binance.US. However, the acquisition faced strong opposition from regulators, including the Securities and Exchange Commission (SEC) and U.S. Attorney Damian Williams.
Despite these challenges, the deal received court approval, but has now been terminated from the end of Binance.US.
https://t.co/AZwoBOgsqS has made the difficult decision to exercise its right to terminate the asset purchase agreement with Voyager. While our hope throughout this process was to help Voyager’s customers access their crypto in kind, the hostile and uncertain regulatory climate…
— Binance.US 🇺🇸 (@BinanceUS) April 25, 2023
Voy
We współpracy z: https://cryptodaily.co.uk/2023/04/binance-us-backs-out-from-1b-voyager-acquisition
