Binance.US has withdrawn from its agreement to purchase $1 billion worth of Voyager Digital assets, citing the “hostile and uncertain regulatory climate in the United States” as the reason. Voyager, its creditors committee, and the US government had agreed to the purchase on April 19, but an emergency stay granted by a judge on March 28, while the US Department of Justice appealed Voyager’s bankruptcy plan, had blocked the deal.
Voyager and its creditors committee expressed disappointment at Binance.US’s decision, with the committee stating it was “investigating potential claims against Binance.US.” Meanwhile, Binance.US said it had “exercised its right to terminate the asset purchase agreement.”
