2023-03-08
Binance.US
can now buy Voyager Digital's assets, as confirmed by a U.S. Federal Bankruptcy
Court judge, with Judge Michael Wiles confirming Voyager's restructuring plan
on Tuesday, which includes a $1 billion deal with
Binance.US
Binance US's purchase plan faces objections from the Securities and Exchange Commission (SEC) by other regulators, and some individual creditors have raised concerns about Binance.US, which Judge Wiles acknowledged concerns but said he saw no evidence that should be denied Binance.US
“I have been given no evidence …
that Binance.US will misuse customer assets, or that it cannot be trusted.”
“Our goal has always been to return customers their cryptocurrency on the fastest timeline possible and empower users to make their own decisions about their own assets. We look forward to completing the transaction and welcoming Voyager customers to Binance.US where they can expect the highest levels of service and support,” a Binance.US spokesperson said via email.
“This bankruptcy case has been pending since July 2022. Customers and creditors have been denied access to their assets for many months and they deserve to have a resolution of this case,” Wiles said.
Ref: CZ 🔶 Binance on Twitter: "Maybe we should pull out?
