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Binance’s acquisition of crypto lender Voyager Digital to delay

By Yamini Sharma On Dec 31, 2022

A US national security assessment might delay or prevent Binance’s $1 billion (approximately Rs. 8,275 crore) acquisition of bankrupt crypto lender Voyager Digital.

US has stated that its American exchange is “completely independent” of the main Binance platform, which was bought in bankruptcy last year by Canadian firm CFIUS. US prosecutors are investigating the corporation for money laundering.

National security issues may preclude a corporation from bidding on bankruptcy assets.

Yamini Sharma

I am from Lucknow, Uttar Pradesh, currently pursuing graduation from the University of Delhi. I have an interest in reading books and articles. My favourite genre includes health, art and design.

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