U.S. bankruptcy judge approves Binance.US $1.3 bln deal for Voyager
Crypto lender Voyager Digital has received court approval to sell its assets and transfer customers to Binance.US in a deal worth $1.3bn, with the deal set to allow customers to recover 73% of the value of their deposits at the time of Voyager's bankruptcy filing. Binance.US will pay Voyager $20m in cash and take on crypto assets deposited by Voyager customers, which account for the bulk of the deal's valuation. Once the deal closes, customers will be able to make withdrawals for the first time since Voyager froze their accounts last summer.
