News/CZ: Binance.US to Bid for Crypto Lender Voyager

CZ: Binance.US to Bid for Crypto Lender Voyager

Nov 24,2022,17:40

Binance CEO CZ has confirmed that the exchange's U.S. wing will be making a fresh bid for crypto lender Voyager now that the defunct FTX is unable to follow through with acquiring it.

Previously, following Voyager's bankruptcy, FTX emerged as the front runner to acquire the lender, with Binance's bid said to be held back by concerns that it would represent a national security concern for the U.S. Government. "I think the U.S. national security concerns were rumors spread by FTX to try and push us out of the bid," Zhao said. "There was never any concerns about us participating in the bid."

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