Binance Is Back On Voyager - Coinleaks
Current Date:September 21, 2024

Binance Is Back On Voyager

Binancethe US arm of the company Binance US, bankrupt Voyager Digitalis preparing to submit a new proposal for

Bankruptcies and collapses in the cryptocurrency market led to the decline of the industry. Many companies, including mining companies Chapter 11 filed for bankruptcy. one of these companies Voyager Digital filed for bankruptcy last month. It is the second largest cryptocurrency exchange in the world. FTX, 1 billion dollarswith an offer Voyager was authorized to purchase. However of FTXhis downfall, of Voyager This led to the search for new buyers. Binance US is preparing to make a new offer by taking advantage of this loophole.

Binance to Bid on Voyager with US Arm

of FTXafter he collapsed and filed for bankruptcy Voyagerannounced that it has restarted the bidding process for the company and is in talks with alternative bidders.

CoinDeskAccording to a report by Voyageras long as the company started BinanceGetting ready to join. Binance USThe U.S. branch, known as the U.S. branch, will incorporate the powerful project.

Moreover Voyager, to FTXHe is preparing to sue for breach of contract.