News Explorer — Binance US Clears Major Hurdle in $1 Billion Voyager Digital Acquisition

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Binance US Clears Major Hurdle in $1 Billion Voyager Digital Acquisition

Binance US has cleared a major hurdle in its attempt to acquire the assets of bankrupt crypto lender Voyager Digital in a deal worth over $1 billion after a bankruptcy judge in the Southern District of New York overruled the objections to the proposed acquisition. The judge indicated he was in favor of approving the deal, however, Binance US may still have to clear certain regulatory hurdles before the deal can be finalized.