Binance.US has canceled its deal to acquire the assets of Voyager Digital. The news was confirmed by both parties. It was released on the bankrupt lender’s official Twitter page in his statement “disappointingcalled the situation.
According to Binance.US, the US regulatory environment is highly unpredictable Contributed to terminate the contract. “The hostile and uncertain regulatory climate in the United States has created an unpredictable operating environment affecting the entire American business community.“
https://t.co/AZwoBOgsqS He made the difficult decision to exercise his right to terminate the asset purchase agreement with Voyager.
While our hope throughout the process was to help Voyager customers gain access to their cryptocurrency in kind, the hostile and uncertain regulatory climate…
– Binance.US 🇺🇸 (BinanceUS) April 25, 2023
Binance.US back in December Agreed And about buying Voyager assets after the company since in bankruptcy gold Bound with FTX an agreement to fail. Thanks to a positive court decision, the bankruptcy court approved the proposed sale plan in January.
In connection with this, negotiations for a credit settlement between FTX and Voyager began in February, and in March they began selling crypto assets to liquidate in bankruptcy proceedings.
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From the beginning, many authorities tried to block the agreement. First, the US Securities and Exchange Commission (SEC) opposed the deal, then government regulators, the US Treasury and several private investors.
The Committee on Foreign Investment in the United States also said it would review deals with the lender, which declared bankruptcy last year. In March, the US Department of Justice also backtracked on the deal, saying the deal should be put on hold while legal challenges are worked out. It seems they succeeded.
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The SEC disagrees internally, either
/binance.us, voyager/