Binance.US Nixes $1B Voyager Acquisition
Binance.US has slammed the brakes on its $1 billion asset acquisition of Voyager ($VYGVQ), a deal that was primed and ready just days ago. Voyager, now bankrupt, expressed its disappointment in a Twitter announcement yesterday:
1/ Today we received a letter from https://t.co/yG7Airmib5 terminating the asset purchase agreement. While this development is disappointing, our chapter 11 plan allows for direct distribution of cash and crypto to customers (a “toggle option”) via the Voyager platform.