Jan 10 Reuters Bankrupt crypto lender Voyager Digital received initial court approval on Tuesday for a proposed 1 billion sale of its assets to Binance.US, and said it will seek to expedite a U.S. national security review of the deal.

U.S. Bankruptcy Judge Michael Wiles in New York allowed Voyager to enter into an asset purchase agreement with Binance.US and to solicit creditor votes on the sale, which will not become final until a future court hearing.

Voyager attorney Joshua Sussberg said during Tuesday39;s court hearing that Voyager was responding to concerns raised over the holidays by the U.S. Committee on Foreign Investment in the United States CFIUS, an interagency body that vets foreign investments into U.S. companies for national security risks. He said Voyager intends to address any issues that would lead CFIUS to oppose the transaction.

We are coordinating with Binance and their attorneys to not only deal with that inquiry, but to voluntarily submit an application to move this process along, Sussberg said.

CFIUS said in a Dec. 30 court filing that its review could affect the ability of the parties to complete the transactions, the timing of completion, or relevant terms.

The Binance transaction includes a 20 million cash payment and an agreement to transfer Voyager39;s customers to Binance.US39;s crypto exchange, Sussberg said. Customers would then be able to make withdrawals for the first time since July.

Voyager estimates the sale will allow customers…