Shiba
3.1 Trillion Shiba Inu (SHIB) at Risk as Voyager Deal Fails
As became known a few hours ago, the U.S. wing of global exchange Binance canceled a deal to buy bankrupt crypto broker Voyager Digital. As explained by Binance US, the decision was made due to the hostile regulatory environment in the United States.
Importantly, the bankrupt company’s wallet continues to hold $260 million in crypto assets in aggregate. Of these, half is USDC, but the other half is in less stable cryptocurrencies and, in particular, in 3.1 trillion Shiba Inu tokens with an equivalent value of $32 million. Limbo Inu Earlier, U.Today wrote that if Voyager were sold to Binance US, trillions of SHIB could be poured onto the market, which would have an unpredictable effect on Shiba Inu token quotations.
Importantly, the bankrupt company’s wallet continues to hold $260 million in crypto assets in aggregate. Of these, half is USDC, but the other half is in less stable cryptocurrencies and, in particular, in 3.1 trillion Shiba Inu tokens with an equivalent value of $32 million. Limbo Inu Earlier, U.Today wrote that if Voyager were sold to Binance US, trillions of SHIB could be poured onto the market, which would have an unpredictable effect on Shiba Inu token quotations.
