Binance.US Acquisition of Voyager Assets Receives Preliminary Court Approval
2023-01-11 09:22:10BlockBeatsShare to:
BlockBeats news, on January 11, according to Reuters, New York's U.S. bankruptcy judge Michael Wiles has allowed Voyager to sign an asset purchase agreement with Binance.US, and creditors will vote to make a final decision at a future court hearing. Voyager estimates that the sale will allow customers to recover 51% of the value of deposits at the time of Voyager's bankruptcy filing. Voyager attorney Joshua Sussberg said in a court hearing on Tuesday that Voyager was responding to concerns raised by the Committee on Foreign Investment in the United States (CFIUS), the agency that reviews foreign investment in U.S. companies for national security risks. Voyager intends to address any issues that might cause CFIUS to object to the deal, he said.Introduction To Crypto
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