Binance.US-Voyager Deal Breakdown Leads to $10M Escrow Deposit Dispute By DailyCoin

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Binance.US-Voyager Deal Breakdown Leads to $10M Escrow Deposit Dispute
  • Binance.US has announced it will no longer go through with the Voyager deal.
  • The crypto exchange’s decision has sparked a fresh dispute.
  • The recent events have wiped away the excitement that followed the deal’s approval last week.

Voyager was one of the first crypto firms to go bust in July 2022. As part of a lengthy and costly bankruptcy proceeding, the embattled crypto lender came close to inking a deal with Binance.US to allow customers to regain access to their funds for the first time in nearly a year.

Binance’s United States arm shocked the crypto world by deciding to pull out of the deal on Tuesday, April 25, citing an unfavorable regulatory climate in the U.S. in a Twitter statement. The breakdown of the agreement has put a…

Continue Reading on DailyCoin

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Binance.US-Voyager Deal Breakdown Leads to $10M Escrow Deposit Dispute
  • Binance.US has announced it will no longer go through with the Voyager deal.
  • The crypto exchange’s decision has sparked a fresh dispute.
  • The recent events have wiped away the excitement that followed the deal’s approval last week.

Voyager was one of the first crypto firms to go bust in July 2022. As part of a lengthy and costly bankruptcy proceeding, the embattled crypto lender came close to inking a deal with Binance.US to allow customers to regain access to their funds for the first time in nearly a year.

Binance’s United States arm shocked the crypto world by deciding to pull out of the deal on Tuesday, April 25, citing an unfavorable regulatory climate in the U.S. in a Twitter statement. The breakdown of the agreement has put a…

Continue Reading on DailyCoin

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