Voyager, SEC Agree to Allow Binance Bankruptcy Deal to Proceed

Voyager Digital Ltd. signed a deal with federal regulators to sell itself to Binance.US, moving the crypto firm one step close to ending its bankruptcy and giving customers access to their accounts.

• Under the exit plan, Voyager’s bankruptcy advisers would decide whether to liquidate all of the digital assets on the company’s platform, or transfer them, along with all customer accounts, to Binance as part of the proposed sale
• The deal with federal regulators was signed as part of the US government’s appeal of Voyager’s bankruptcy plan; the company and regulators will continue to fight in federal court about one ...