Article 67053 Binance US To Buy Bankrupt Voyager Digital's Assets for $1 Billion

Binance US To Buy Bankrupt Voyager Digital's Assets for $1 Billion

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msmash
from Slashdot on (#67053)
Binance US will buy Voyager Digital's assets out of bankruptcy in a deal worth $1.022 billion. From a report: Voyager selected Binance US as the highest and best bidder after reviewing options, the company said in a statement Monday. The bid "sets a clear path forward for Voyager customer funds to be unlocked as soon as possible," according to the statement, and the company will aim to return crypto to its customers in kind. The deal values Voyager's crypto portfolio at just over $1 billion, and includes another $20 million for "incremental value." Further reading: Binance's books are a black box, filings show, as it tries to rally confidence.As crypto auditors call it quits, what will take their place?

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