Cryptocurrency

Binance.US backs out of Voyager asset purchase deal

Voyager Said On April 25th, Binance.US revealed that it no longer intends to make asset purchases.

The distressed company said Binance.US notified it of the termination of the asset purchase agreement through a letter sent on the same day.

Binance has yet to publicly announce the issue.

Voyager and Binance.US did not respond to requests for comment at press time.

next step

Voyager said it regrets that Binance has canceled the deal, but such a scenario is already covered in its plans.

The company said its Chapter 11 bankruptcy plan would allow it to distribute cash and cryptocurrencies directly to customers through its platform, and that it intends to do so as a next step.

He added that the feature is built into the platform and will be enabled after it is ready.

Voyager said it will provide customers with details on next steps and required actions in the coming days.

A post about Binance.US withdrawing its Voyager asset purchase deal first appeared on CryptoSlate.

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