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CFIUS Will Take Over the Deals of the Bankrupt Voyager!

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According to a filing by US Attorney Damian Williams on Friday, the Committee on Foreign Investment in the United States, also known as CFIUS, will review business information from cryptocurrency lender Voyager Digital Holdings. CFIUS warned that the action could affect the process, strategy and conclusion of such agreements.

CFIUS plans to review Voyager’s offer

CFIUS reviews potential acquisitions of foreign companies that have operations in the United States and rejects those that could endanger American national security. Although the world’s largest exchange, Binance.com, has a separate company that has agreed to buy Voyager equipment for $1.022 billion, it was not included in Friday’s statement. CFIUS is an interdisciplinary committee that has the authority to examine certain transactions that expand international investment in the United States, reduce the risks associated with such transactions, and submit the transaction to the President for deciding whether to suspend them or terminate it.

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Security measures provided by Binance

Binance.com was the starting point for Voyager assets in September, but FTX lost. According to reports, national security measures prevented Binance from acquiring American Voyager.

Changpeng Zhao, founder and CEO of Binance, was born in China and now lives in Canada. According to Binance, it is different countries.

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