Binance CEO Considers Voyager Deal Exit: What\'s Happening?
The future of the Binance and Voyager Digital deal is uncertain. Binance CEO Changpeng Zhao ("CZ") has expressed hesitation, leading to speculation about a potential withdrawal from the agreement. This article breaks down the latest developments and what they mean for the crypto market.
CZ\'s Frustration: A Potential Sunset for the Voyager Acquisition?
In a Tweet published today, Binance CEO Changpeng Zhao is seemingly considering whether to back out of the highly publicized Voyager acquisition deal. Binance Chief Executive Changpeng “CZ” Zhao turned to Twitter to express his frustration over a controversial agreement to acquire bankrupt crypto lender Voyager.
SEC Objections and Binance\'s Commitment
The U.S. Securities and Exchange Commission (SEC) has raised objections to the deal, adding complexity and potentially influencing CZ\'s deliberations. The SEC Binance News: According to a tweet published on Friday by the Binance CEO, Changpeng “CZ” Zhao, the company is considering sunsetting a deal that was agreed . Despite these challenges, Binance CEO Changpeng Zhao has reiterated the company\'s support for the Voyager deal, despite objections raised by the U.S. Securities and Exchange Commission (SEC). However, recent tweets suggest a shift in sentiment.
Binance.US Terminates Agreement
Voyager confirmed Binance.US was terminating its planned purchase agreement of bankrupt crypto broker Voyager’s $1.3 billion in assets in a tweet on Tuesday.
What This Means for Voyager Customers
The potential collapse of the Binance acquisition throws Voyager\'s future into further uncertainty. Customers who were hoping for a resolution to the bankruptcy proceedings face further delays and potential losses. Stay tuned for updates as this story develops.