Finally, the bankrupt crypto lending platform Voyager Digital Holdings get a green signal from the U.S. government and the Official Committee of Unsecured Creditors to proceed with the deal for Binance to acquire Voyager’s digital assets.
In the latest filing on April 19 in a New York District Court, all parties agreed to sell Voyager’s $1.3 billion digital assets. It also states that the government could follow the obligation of exculpation provisions.
According to the filing, the government can pursue an appeal regarding the exculpation provisions, which are conditions that supposedly shield Voyager from particular legal responsibilities.
Last month, a federal judge halted the sale of bankrupt Voyager Digital after the United States government requested it. This came after Southern District Court of New York’s Judge Michael Wiles dismissed the government’s earlier stay motion on the Binance-Voyager deal.
