The world’s largest crypto trading platform, Binance has agreed to purchase the bankrupt cryptocurrency company, Voyager for $1.04 billion dollars.
This agreement comes just a few months after FTX agreed to purchase Voyager for $1.4 billion dollars but failed to do so after it came to light that the company mishandled customer funds and subsequently went bankrupt themselves.
As a result of the new agreement between Binance and Voyager, creditors of the now bankrupt company are expected to receive even less money returned to them than previously expected.