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 Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our&nbsp;<a href="https://tokenist.com/terms-of-service/" style="text-decoration:underline;color:#3c7b7b" target="_blank" rel="noreferrer noopener" class="deco-link">website policy</a>&nbsp;prior to making financial decisions.
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<ul> 
 <li>On Tuesday, April; 25th, Voyager Digital <a href="https://twitter.com/investvoyager/status/1650921889143963649" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener nofollow" class="deco-link">announced</a> that Binance.US has decided to terminate their acquisition agreement.</li> 
 <li>The acquisition was <a href="https://tokenist.com/binance-us-to-acquire-voyagers-assets-in-1b-agreement/" rel="dofollow" class="deco-link">initially announced in December 2022</a> but has since been hotly contested by authorities.</li> 
 <li>In early March, the acquisition agreement has been officially <a href="https://tokenist.com/vgx-jumps-30-as-court-approves-binance-us-bid-acquire-voyager/" rel="dofollow" class="deco-link">approved by a US court</a>.</li> 
 <li>Voyager stated that while disappointed with the development, it “will now move swiftly to return value to customers via direct distributions.”</li> 
 <li>Since filing for bankruptcy in July 2022, Voyager has been struggling with finding a buyer.</li> 
 <li>Before its own collapse, <a href="https://tokenist.com/judge-approves-ftx-bid-to-buy-voyager-and-return-70-of-assets-to-creditors/" rel="dofollow" class="deco-link">FTX placed the winning bid</a> for Voyager’s assets in October.</li> 
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<p><em>This is a breaking story and will be updated as new detail emerge.</em></p> 
<p>The post <a rel="nofollow" href="https://tokenist.com/binance-us-gives-up-on-1b-voyager-acquisition/">Binance.US Gives Up On $1B Voyager Acquisition</a> appeared first on <a rel="nofollow" href="https://tokenist.com">Tokenist</a>.</p>

Binance.US Gives Up On $1B Voyager Acquisition

TokenInsight

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