Binance-Voyager Deal Could Go On Hold: US Reviewer

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Binance's $1 billion acquisition of bankrupt crypto lender Voyager Digital could go on hold, according to a Friday bankruptcy court filing.

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Binance.US intends to buy Voyager's crypto lending platform with a bid that includes $20 million in cash and crypto assets.

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Reviewing the deal, the US Committee on Foreign Investment in the United States (CFIUS) said that it "could affect the ability of the parties to complete the transactions, the timing of completion, or relevant terms."

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Binance, is owned by Chinese-born and Singapore-based Changpeng Zhao and has no permanent headquarters.

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CFIUS did not mention any specific security concerns raised by the Voyager acquisition in its court filing

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The body said bankruptcy courts have sometimes ruled that national security concerns can prevent a company from bidding on assets in bankruptcy.

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Binance has been the subject of a money laundering probe by U.S. prosecutors while Voyager filed for bankruptcy in July,

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