The resolution for the Agreement of the Acquisition for cryptocurrency company Voyager, by Binance US, is definitely a favorable news for the crypto world and Voyager investors. The United States government took into consideration the setbacks due to their prior appeal filing, which privileged Voyager's Unsecured Creditors Committee to manage and authorize the arrangement with the US cryptocurrency platform.

The acquisition's uncertainty began after Voyager's collapse; the crypto company had been in the process of selling to the platform FTX when it crumbled, leaving the potential buyers to Binance US. This, in turn, became a problem because the United States Security and Exchange Commission claimed that Binance US is considered an illegal stock exchange, according to the federal securities laws. So the Department of Justice decided to file an appeal against a decision that was taken by a New York court judge.

Nevertheless, after a lot of deliberation and negotiation, the Government accepted that the Plan may move forward without an exculpation provision, and will not be affected by the stay. This resolution gave hope to the Voyager investors and to the crypto world in general, plus a substantial support to the VGX token of the crypto company, after the news was published. VGX is currently trading at $0.377, up 6% in 24 hours.

In conclusion, this decision brings a positive effect for the cryptocurrency market and the VGX token. However, it was important to consider the opinions of the US government that the Binance US is an illegal stock exchange, and make a propriety verdict in order to continue with the arrangements after the Voyager's failure. Although investors need to wait until the District Court approves all the terms, the paper signed by the Resolution is a very encouraging fact that pass the expectations of many.



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