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Binance.US pulls out of Voyager takeover deal

Published date:

February 2, 2026

Binance.US pulls out of Voyager takeover deal

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As per Binance.US’ tweet, “Binance.US has made the difficult decision to exercise its right to terminate the asset purchase agreement with Voyager. The hostile and uncertain regulatory climate in the United States has introduced an unpredictable operating environment impacting the entire American business community.”

Binance.US backed out of the Voyager acquisition deal, citing the uncertain regulatory environment in the US as the reason for terminating the asset purchase agreement.

In the official letter addressed to Voyager Digital and Stephen Ehrlich, Binance.US asked the firm to repay its $10M deposit within three days.

Voyager Digital plans to return cash and crypto directly to consumers after BinanceUS terminated the asset purchase deal. https://t.co/JWlEwRzvgn
— Laura Shin (@laurashin) April 25, 2023

On the other hand, the bankrupt lender may seek reverse termination fees from Binance.US. Similarly, the Voyager Official Committee of Unsecured Creditors (Voyager UCC) disclosed their plans to investigate “potential claims” against the exchange. As tweeted by the UCC, Voyager will focus on returning customer funds by going forward with its self-liquidation plans.

Voyager UCC also said the asset purchase agreement mandates Binance.US to purge all customer data received during the bankruptcy process.

Moreover, Binance’s US arm will need to permanently close accounts established with Voyager clients’ information.

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It is worth noting that Binance.US made the decision after federal authorities approved a substantial part of the Voyager takeover plan on April 20.

Binance.US first revealed its plans to purchase bankrupt lender Voyager Digital’s assets for $1.022 in December 2022. Not long after the announcement, several US regulators, including the SEC, NYDFS, and CFIUS, objected to Binance’s plans for taking over Voyager Digital.

Written by

Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

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Ayush Pande

Written by:

Ayush Pande

Writer

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

Radica Maneva

Reviewed by:

Radica Maneva

Senior Editor

Radica is a Senior Editor at Bitcompare. She has worked for more than a decade at leading publications as an Editor across various industries, including crypto and finance.

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