CZ: Binance.US to Bid for Crypto Lender Voyager

Binance CEO CZ has confirmed that the exchange's U.S. wing will be making a fresh bid for crypto lender Voyager now that the defunct FTX is unable to follow through with acquiring it.

Previously, following Voyager's bankruptcy, FTX emerged as the front runner to acquire the lender, with Binance's bid said to be held back by concerns that it would represent a national security concern for the U.S. Government. "I think the U.S. national security concerns were rumors spread by FTX to try and push us out of the bid," Zhao said. "There was never any concerns about us participating in the bid."

Source

CZ

FTX

Related News
Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more
Changpeng Zhao advocates for ‘real’ blockchain apps over memecoins Changpeng Zhao advocates for ‘real’ blockchain apps over memecoins
CZ Begins His Four-month Prison Term as the Richest Inmate CZ Begins His Four-month Prison Term as the Richest Inmate
FTX Plans to Give 98% of its Creditors up to 118% of Allowed Claims FTX Plans to Give 98% of its Creditors up to 118% of Allowed Claims
FTX Aims to Begin to Repay Customers by the End of 2024 FTX Aims to Begin to Repay Customers by the End of 2024
Latest News More More
1 Hour Ago Sky’s lending subDAO Spark targets up to $1.1 billion in direct exposure to Ethena’s USDe and sUSDe tokens
1 Day Ago Sony’s Layer-2 Blockchain 'Soneium' Goes Live
1 Day Ago Japan’s Remixpoint buys 33.3 additional bitcoin, boosting holdings to nearly $32 million
2 Days Ago Arbitrum, Azuki-backed Animecoin unveils tokenomics with over 50% community allocation
2 Days Ago Singapore bans Polymarket amid national crackdown on online gambling sites
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open