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Nov 24, 2022
Binance US to Bid on Crypto Lender Voyager, CZ Confirms
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Following the failure of the bankrupt FTX to complete the acquisition of cryptocurrency lender Voyager, Binance CEO Changpeng "CZ" Zhao has revealed that the exchange's American division will now make a new bid for Voyager. Zhao acknowledged in a Thursday interview with Bloomberg that Binance.US was considering a bid for the insolvent lending site.
Binance US Makes Another Offer to Voyager
He stated that given that since FTX is no longer able to fulfill that guarantee, Binance US would make another bid on Voyager. Following Voyager's bankruptcy, FTX emerged as the front-runner to purchase the lender, with Binance's proposal reportedly being resisted because it may compromise national security, according to reports.
Zhao stated that U.S. national security issues were rumors made by FTX to attempt to force them out of the bid. The exchange never had any reservations about taking part in the bid. Given that Zhao was born in China but has grown up in Canada, allegations that Binance is a Chinese corporation have hounded the company.
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Gungun is an enthusiastic writer that likes to create content for various aspects of the blockchain and crypto industry. She carries out extensive research and provides readers with informative and high-quality material.