Tuesday, March 21, 2023

Latest Posts

New Offer From Binance To The Bankrupted Voyager

While FTX and Binance made an offer to the bankrupt Voyager before, FTX’s offer came to the fore due to concerns about US national security. Following the bankruptcy of FTX, Binance announced that it has re-bid Voyager.

Changpeng Zhao, CEO of the world’s largest crypto asset platform Binance, confirmed in an interview with Bloomberg that Binance’s US company, Binance US, has re-bid its previously bankrupt cryptocurrency brokerage firm Voyager.

Following the bankruptcy of cryptocurrency brokerage firm Voyager, crypto platforms FTX and Binance made bids to buy the company. During this period, while Binance’s proposal was left behind due to the concern that it poses a threat to the US national security, FTX’s proposal came to the fore.

Changpeng Zhao said, “I think the concerns about US national security stemmed from the rumors that were spread against us by FTX.” Although Zhao grew up in Canada, Binance is allegedly a Chinese company due to his birthplace in China. Zhao responds by saying, “I am a Canadian citizen.”

Latest Posts

Don't Miss