SCOOP: binance's attempt to buy investvoyager's assets through a bankruptcy auction has been complicated by concern a U.S. government panel that reviews foreign deals could block a takeover, people familiar with the matter said. IanAllison123 reports
through a bankruptcy auction this week has been complicated by concerns the U.S. government would reject the transaction, according to people familiar with the matter., which blocks deals it worries pose a national security risk.
“Binance has made investments into countless American companies both directly and through Binance Labs,” Patrick Hillmann, the company’s chief communications officer, said Friday. “Binance has never been the subject of an inquiry officially or unofficially by CFIUS.” He added: “Binance is a Canadian company owned wholly by a Canadian citizen.
The contest to acquire Voyager’s assets is not officially decided until the end of this month, giving time for Binance or someone else to potentially top FTX.
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