Voyager lawyer said that 97% of creditors had voted to sell Voyager to Binance.US
According to reports, Voyager’s lawyer said that up to now, 97% of the votes have supported Voyager’s plan to sell assets to Binance. US, and the voting process has only a few hours left. Michael Wiles, the bankruptcy judge in charge of the case, said that the plan would be confirmed on March 2.
Interpretation of this information:
The latest update on Voyager’s plan to sell its assets to Binance US reveals that the majority of votes have been in favor of the plan, with 97% supporting the decision. The voting process has only a few hours left, indicating that the decision will soon be finalized. Michael Wiles, the bankruptcy judge responsible for the case, has confirmed that the plan will be confirmed on March 2. The news is significant as it shows that the crypto industry continues to grow and expand, with more companies seeking strategic partnerships and acquisitions to improve their operations.
The fact that 97% of the votes are in favor of Voyager’s plan indicates that investors are optimistic about the future of the company. The move will allow the company to access Binance’s extensive resources, including its vast customer base, technology, and expertise. The partnership will help Voyager to expand its offerings, enhance customer service, and boost its market presence. The deal will be beneficial to both parties, and it’s an excellent example of how strategic partnerships can help companies grow and thrive in the competitive world of cryptocurrencies.
The news also highlights the role of the bankruptcy judge in ensuring a fair and transparent process during the voting period. The judge was responsible for overseeing the voting process and ensuring that all parties had a chance to participate. The confirmation of the plan on March 2 underscores the importance of a fair and unbiased legal system in regulating the crypto industry.
The three keywords that summarize this news are Voyager, Binance US, and Michael Wiles. The news highlights the strategic partnership between Voyager and Binance US, which will have a significant impact on the future of both companies. The bankruptcy judge, Michael Wiles, played a crucial role in overseeing the voting process, ensuring that the decision was fair and transparent. Overall, this news underscores the importance of strategic partnerships and the role of the legal system in regulating the crypto industry.
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