Voyager-Binance.US' $1B Deal Should Be Halted, U.S. Government Says

United States News News

Voyager-Binance.US' $1B Deal Should Be Halted, U.S. Government Says
United States Latest News,United States Headlines
  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

A billion-dollar deal by BinanceUS to buy the assets of bankrupt investvoyager should be put on hold, a U.S. government legal filing argues. jackschickler reports.

said. “Nothing in the Bankruptcy Code permits courts to exculpate parties from liability to the Government for past and future conduct.”

Williams said approval of the deal should be put on hold – or at least those parts which limit the government’s ability to enforce the law – until appeals are dealt with in higher courts.of arguments from the Securities and Exchange Commission that Voyager’s VGX token might be an unregistered security.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CoinDesk /  🏆 291. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US officials appeal protections for Voyager execs in Binance.US saleUS officials appeal protections for Voyager execs in Binance.US saleThe United States Trustee and attorneys from the DOJ argued the court's approval of legal protections for Voyager staff involved with the sale of its assets to Binance.US exceeded its authority.
Read more »

Did Star Trek Tease The Return Of Voyager?Did Star Trek Tease The Return Of Voyager?Star Trek: Prodigy’s season 1 finale featured a few hints that Admiral Janeway and her new warrant officers may soon board a familiar vessel.
Read more »

'Backpack Scholarship,' an education voucher expansion, could cost Ohio taxpayers $1B'Backpack Scholarship,' an education voucher expansion, could cost Ohio taxpayers $1BRepublican lawmakers in Ohio want to expand school choice. Education advocates say that the proposed bill will decimate public schools, especially since the legislation has a $1 billion price tag.
Read more »

Binance Delivers $1 Billion Blow to Crypto BearsBinance Delivers $1 Billion Blow to Crypto BearsBinance, one of world's largest cryptocurrency exchanges, has announced conversion of remaining funds from its Industry Recovery Initiative from BUSD stablecoin to native cryptocurrencies like BTC, BNB and ETH
Read more »

Binance CEO announces recovery funds conversion from BUSD to 'native crypto'Binance CEO announces recovery funds conversion from BUSD to 'native crypto'Following his initial tweet, CZ posted the address of the recovery wallet and the transaction hash ID of the transaction to convert $980 million in funds.
Read more »

Binance to convert $1 billion in stablecoin to bitcoin, Ether and other cryptocurrenciesBinance to convert $1 billion in stablecoin to bitcoin, Ether and other cryptocurrenciesThe world's largest crypto exchange by trading volume will covert BUSD to Bitcoin, Ether, and other tokens using its Industry Recovery Initiative funds
Read more »



Render Time: 2025-03-10 00:13:34