Changpeng “CZ” Zhao, CEO of Binance, is considering withdrawing from the deal after the US review.
CZ in a tweet VoygerHe hinted that he was considering leaving the deal. CZ, said that this process can be terminated.
CZ Considers Withdrawing From Voyager Agreement
BinanceChangpeng Zhao, CEO of Binance, said in a tweet that the bankrupt crypto lender Voyager DigitalHe said he might consider ending a transaction accepted by the US arm of the exchange to buy .
Since its signing in December, a number of regulators in the US have contested the deal, which will sell Voyager’s assets to Binance.US in a transaction previously valued at $1 billion. Binance Holdings Ltd. does not have the authority to operate in the country and establish Binance.US as a separate company in 2019.
Maybe we should pull out? https://t.co/7t89kfB5Qr
— CZ 🔶 Binance (@cz_binance) March 3, 2023
“Maybe we should withdraw?” Changpeng Zhao, another user VoyagerHe wrote by quoting a tweet that referenced his post about the deal with
A Binance.US spokesperson said:
“It remains committed to the Voyager operation.”
Zhao’s tweet is a letter from US Senators representing both Democrats and Republicans to the CEO and Binance.US boss Brian Shroder requesting that Binance and Binance.US provide a detailed account of their finances and efforts to maintain compliance. came days after they were written.
