Insiders: Binance's attempt to acquire Voyager Digital assets may be delayed due to national security issues
According to ChainCatcher news, citing informed sources from CoinDesk, Binance is participating in the bankruptcy auction of Voyager Digital this week, but they are concerned that the Committee on Foreign Investment in the United States (CFIUS) will reject any potential deal that may be reached afterward. In the Voyager bankruptcy auction, Binance has been asked to increase its bid as a form of insurance against CFIUS review, a requirement that may delay the acquisition process.
It is reported that CFIUS is responsible for reviewing the actions of foreign entities acquiring companies that operate in the United States, and the committee can block transactions it deems to pose a national security risk. (CoinDesk)
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