A cryptocurrency lender known as Voyager Digital, which recently filed for bankruptcy, has recently reached an arrangement with the government of the United States. A transaction involving assets worth $1 billion will be carried out by Voyager Digital in conjunction with Binance.US, the latter being the United States-based affiliate of Binance.
The government has repeatedly put a stop to the agreement that would liquidate Voyager Digital’s assets because of the problem that has arisen. Now, the United States government has given the go-ahead for Binance.US to assist in the acquisition of all Voyager Digital assets. Voyager reportedly possesses over $257 million worth of cryptocurrencies and stablecoins at the present time, as thorough information provided by DeBank reveals.
Another comprehensive investigation of Voyager‘s assets reveals that the corporation still possesses more than 3.1 trillion Shiba Inu (SHIB) in its wallet. The value of these tokens at the moment is close to 32 million US dollars.
Voyager is in possession of sizeable amounts of several other cryptocurrencies in addition to Shiba Inu, such Ethereum and USDC. On the other hand, the precise quantity of coins was not made public. It appears that the contract was effectively concluded despite the difficulties encountered in the past.
With the final deal between the United States government and Binance, Voyager Digital, along with many other companies, experienced significant financial losses during the bear market that occurred in 2022.Binance, with the US closed.The United States will be given more than 3.1 trillion Shiba Inus by Voyager. The recent transaction will also increase the footprint of the exchange in the United States.
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