Binance's American-based entity,

Binance's American-based entity, Binance.US has won the bid to purchase Voyager and its assets. 

Their bid of $1.022 billion was selected by Voyager as the "highest and best bid for its assets after a review of strategic options with the core objective of maximizing the value returned to customers and other creditors on an expedited timeframe

Even the CEO of Binance, CZ, also came out on Twitter to announce the exciting news.

Here is the official press release from Voyager: 

https://www.newswire.ca/news-releases/voyager-announces-agreement-for-binance-us-to-acquire-its-assets-891555229.html

The press release goes on to talk about the next step when it states, "Voyager Digital LLC will seek Bankruptcy Court approval to enter into the asset purchase agreement between Voyager Digital LLC and Binance.US at a hearing on January 5, 2023.

The next step in this process is seeking approval from the Bankruptcy Court for the asset purchase agreement between Voyager and Binance.

The next hearing is scheduled to take place in 2 weeks, on January 5th, 2023. 

Even more exciting to see is the CEO of Binance.US tweet out that this agreement means that affected customers will be receiving our crypto instead of the cash equivalent.

This is huge news in my opinion; although I am biased since I am an affected customer myself. 

I much prefer to get all the Bitcoin I have locked up in Voyager, instead of the cash value of it. 

Surely this means that BINANCE has a strong financial position if they are able to spend $1 billion to salvage Voyager. 

Regardless of the circumstances, I am beyond happy!

Hearing this news, is absolutely music to my ears. 

It brings me relief that Binance won the bid, as they are the kings of the crypto exchange world. 

How do you feel about this news?

Do you think this is a good move by Binance?

Would you want to be cashed out or given your crypto back?

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