Altcoin News

Voyager Selling ETH, SHIB, LINK, VGX After Binance.US Wins Court Approval

Voyager Digital selling crypto assets including Ethereum, Shiba Inu, Chainlink, and Voyager Token after Binance.US wins court approval.
Published by
Voyager Selling ETH, SHIB, LINK, VGX After Binance.US Wins Court Approval

Beleaguered crypto lender Voyager Digital is selling crypto assets including Ethereum, Shiba Inu, Chainlink, and Voyager Token. The move comes after the court approves the sale of Voyager assets to Binance.US, a subsidiary 0f Binance.

Lookonchain on March 9 revealed that Voyager has sold crypto assets worth over $56 million to Binance.US, Coinbase, and Wintermute Trading in the past 24 hours. Top transfers include 27,255 ETH ($42 million), 11 million VGX ($6.3 million), 400 billion SHIB ($4.4 million), and 160,000 LINK ($1 million).

The Voyager-linked wallet also received 33.7 million USDC from Wintermute Trading, Binance.US, and Coinbase. It received 25 million USDC from Coinbase. Voyager continues to sell crypto assets for the last few weeks. It grabbed community attention after it moved over 250 billion Shiba Inu (SHIB) tokens to Coinbase.

Voyager Digital still holds $757.8 million worth of assets including 459.8 million USDC, 102,306 ETH, 122.4 million VGX, and 4 trillion SHIB.

Advertisement

Court Approves Binance.US Bid to Buy Voyager Assets

Michael Wiles, bankruptcy judge at the District Court for the Southern District of New York, approved Binance.US to acquire Voyager assets.

The judge ruled that Binance.US deal gives more benefit to impacted Voyager creditors. If the court gives a final approval, Binance will acquire Voyager. However, Voyager needs to decide whether to complete the deal or liquidate holdings to give back money to Voyager customers.

Binance.US deal will help customers recover 73% of the crypto assets they own before the bankruptcy. The judge also ruled that no U.S. agencies will oppose the issuance of a bankruptcy token planned by Voyager.

Some believe the recent sale of crypto assets by Voyager is part of the court order and Voyager will reimburse money to customers. Binance is currently facing regulatory hurdles in the U.S.

Also Read: Shiba Inu Releases Key Warning Ahead Of Shibarium Launch Date

Advertisement

Share
Varinder Singh

Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Bitcoin News

Walmart’s OnePay App to add Bitcoin and Ethereum trading

Walmart's OnePay App is the latest company to jump on the crypto wave, with plans…

October 3, 2025
  • 24/7 Cryptocurrency News

Tech Giant Samsung Taps Coinbase To Provide Crypto Access, Driving Adoption

Tech giant Samsung has partnered with Coinbase to offer crypto services to its 75 million…

October 3, 2025
  • 24/7 Cryptocurrency News

Bitget Joins UNICEF Game Jam To Train 300,000 Youths In Blockchain

Bitget has announced support for UNICEF’s first global Game Jam, a 40-day virtual hackathon across…

October 3, 2025
  • Bitcoin News

Crypto Market Rally: BTC, BNB, SOL, XRP, ETH Surge Amid Q4 Momentum

The crypto market is seeing renewed bullish momentum to begin the fourth quarter of this…

October 3, 2025
  • 24/7 Cryptocurrency News

Bitcoin ETFs Record $2.2B Weekly Inflows as BTC Price Surges Past $120K

Bitcoin ETF products recorded more than $2.2 billion in weekly inflows, building on the momentum…

October 3, 2025
  • 24/7 Cryptocurrency News

Nomura Eyes to Ripple Dominance in Crypto Trading in Japan as Demand Rises

Nomura Holdings, Japan's largest brokerage and investment banking group, eyes to ripple its dominance to…

October 3, 2025