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Binance.US terminates asset purchase agreement with Voyager

Voyager, which filed for bankruptcy under Chapter 11 in July 2022, announces that it has received a notice from Binance.US terminating the asset purchase agreement from December 2022.

On April 25, 2023, the Debtors received the Notice of Termination of the Asset Purchase Agreement from Binance.US.

The Debtors reserve all rights with respect to Binance.US’s purported termination of the Asset Purchase Agreement including, without limitation, with respect to the reverse termination fee owed by Binance.US to the Debtors under the Asset Purchase Agreement and the $10 million Deposit made by Binance.US to the Debtors.

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