Binance.US Gives Up On $1B Voyager Acquisition

• On Tuesday, April; 25th, Voyager Digital announced that Binance.US has decided to terminate their acquisition agreement.
• The acquisition was initially announced in December 2022 but has since been hotly contested by authorities.
• In early March, the acquisition agreement has been officially approved by a US court.
• Voyager stated that while disappointed with the development, it “will now move swiftly to return value to customers via direct distributions.”
• Since filing for bankruptcy in July 2022, Voyager has been struggling with finding a buyer.
• Before its own collapse, FTX placed the winning bid for Voyager’s assets in October.

This is a breaking story and will be updated as new detail emerge.