In accordance with Reuters, cryptocurrency brokerage Voyager filed for chapter on Could 17. permitted by the US Chapter Courtroom for the Southern District of New York. report. Decide Michael Wiles’ order approving the continuing was printed the day earlier than the court docket.
The so-called third chapter plan was steered Could 5 underneath Binance.US withdrew from the plans that on April 25 would purchase $1 billion value of Voyager property. That deal had overcome resistance from the US authorities in opposition to Binance.US last-minute reversal. Voyager will now go into liquidation, which suggests distributing its property to collectors.
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