For users in most states, recoveries will be provided on an in-kind basis―that is, in the same type of cryptocurrency the customer held on Voyager’s platform. The Binance.US platform supports the custody and withdrawal of 106 types of coins on Voyager’s platform, including VGX. Approximately 86 of those types of coins can be traded on the Binance.US platform. The remaining coins can be transferred to personal wallets or a different platform. Binance.US will submit VGX for its standard listing review process in an effort to allow VGX to be traded on the Binance.US platform.
Binance.US does not currently operate in Hawaii, Texas, New York and Vermont, but is exploring obtaining licenses or other regulatory approvals, exemptions or authorizations in these jurisdictions. In states where Binance.US currently holds or obtains a license or other regulatory approvals, exemptions or authorizations, recoveries will be provided on an in-kind basis. For any state where Binance.US does not obtain a license or other regulatory approvals, exemptions or authorizations within six months of the plan’s confirmation, distributions to those customers will be made in cash.