Binance Planning To Take Over Voyager

November 11, 2022

Binance's US unit is set to relaunch its bid to buy bankrupt crypto lender Voyager Digital.

This comes after Voyager called off FTX's bid to acquire the company following its collapse.

There will be no transaction with FTX, I think that is quite obvious,” Voyager's attorney said at a hearing on Tuesday.

It’s “shocked, disgruntled, dismayed”, Voyager had also said at Tuesday hearing amid FTX collapse.

According to WSJ's September report, Binance and FTX had come up with the leading bids to buy Voyager's assets.

FTX had won Voyager's assets in a $1.42-billion bid at an auction thereafter.

The company is in active discussions with several alternate bidders after FTX filed for Chapter 11 bankruptcy protection last week, Voyager tweeted on Wednesday.