Court documents: Voyager and Binance.US transactions must be resolved by April 13

2023-04-04 17:02:35
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ChainCatcher news, according to CoinDesk, a court document states that if the legal objections raised by the U.S. government are not resolved by April 13, [Voyager](https://www.rootdata.com/zh/Projects/detail/Voyager Digital?k=NDE4NQ==) and its creditors will lose $100 million. The documents submitted by Voyager's creditors claim that completing the plan before April 13 is necessary to protect the interests of the creditors.

Additionally, according to the terms of the deal initially signed in December and approved by bankruptcy judge Michael Wiles in March, Binance.US can withdraw from the deal if the agreement is not completed within four months.

It is reported that in mid-March, U.S. bankruptcy judge Michael Wiles rejected the U.S. government's request to pause the $1 billion acquisition of Voyager by Binance.US, stating that the deal should proceed, as waiting longer would harm the interests of Voyager's customers. On March 28, U.S. District Judge Jennifer Rearden approved the U.S. Department of Justice's plan to pause Voyager's asset sale to Binance.US, pending an appeal of the previously approved sale by the bankruptcy judge. (source link)

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