Voyager stated April 25 that Binance.US not intends to undergo with the acquisition of its property.
The embattled firm stated Binance.US knowledgeable it of the termination of the asset buy settlement by a letter despatched the identical day.
Binance has but to make a public announcement on the matter.
Voyager and Binance.US didn’t reply to requests for remark as of press time.
Subsequent steps
Voyager stated Binance reneging on the deal is disappointing, nevertheless it has already accounted for such a state of affairs in its plans.
The corporate stated its Chapter 11 chapter plan permits direct distribution of money and crypto again to clients by its platform, and it intends to take action as a subsequent step.
It added that the performance is constructed into its platform and might be toggled on after preparations are full.
Voyager stated it is going to present additional particulars to clients on the subsequent steps and any required actions within the coming days.
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