Bankrupt crypto lender Voyager Digital received initial court approval for its proposal to sell its assets to Binance.US for $1.02 billion. The approval comes amid a national security probe concerning Binance.US that Voyager is seeking to speed up. On Jan. 10, Judge Michael Wiles in the United States Bankruptcy Court for the Southern District of New York allowed Voyager to enter into the asset purchase agreement and seek creditor approval, but the sale will not become final until a future court hearing, according to a Jan. 11 Reuters report. (Cointelegraph)

Bankrupt crypto lender Voyager Digital received initial court approval on Tuesday for a proposed $1 billion sale of its assets to Binance.US, and said it will seek to expedite a U.S. national security review of the deal.

Bankrupt crypto lender Voyager has defended its $1 billion plan to sell assets to Binance.US, calling criticisms “hypocrisy and chutzpah” based on unverified speculation, two legal filings posted late Sunday night show.

The SEC filed a limited objection to Binance.US’s acquisition of Voyager assets.

Binance.US is to purchase Voyager Digital assets for $1 billion. Previously, FTX US had won the auction for the assets of Voyager Digital.

The U.S. Securities and Exchange Commission (SEC) has filed a limited objection to Binance.US's proposed $1.02 billion purchase of the assets of bankrupt crypto lender Voyager.

An agreement between Binance.US and bankrupt crypto lender Voyager Digital may be subject to review by the Committee on Foreign Investment in the United States (CFIUS), court filings showed.

Kiln started collaborating with the Tezos Foundation to offer enterprise-grade baking to institutions; deepening our involvement with the protocol and helping accelerate Tezos’ adoption.‍

Voyager Digital Ltd. ("Voyager" or the "Company") (OTC Pink VYGVQ; FRA: UCD2) announced today that its operating company Voyager Digital LLC selected U.S. exchange BAM Trading Services Inc. (doing business as "Binance.US") as the highest and best bid for its assets after a review of strategic options with the core objective of maximizing the value returned to customers and other creditors on an expedited timeframe.

Binance.US, an American subsidiary of the Binance exchange, now allows its users to trade Cardano (ADA) against USD Coin (USDC), according to a recent announcement. In addition, Cardano rival Solana (SOL) can also be traded against the second-biggest stablecoin. Binance.US has noted that the two cryptocurrencies aim to achieve "scalability, interoperability, and sustainability."