Voyager Digital Holdings, a bankrupt cryptocurrency lender, has reached an agreement with the US government that advances a $1 billion plan that would let Voyager transfer its assets to Binance’s US division.
The US government, the committee of the insolvent lender’s creditors, and the lender itself struck an agreement for the deal with Binance to proceed as scheduled, according to a filing made on April 19 in a New York federal court.
In the brief, it is said that the government may continue to pursue an appeal against the so-called exculpation requirements, which it describes as the prerequisites for protecting Voyager from particular legal consequences.
A federal judge earlier delayed the agreement when the US government asked for an immediate suspension.