Tuesday, March 21, 2023
Crypto Marketcap
No Result
View All Result
Logo
  • Home
  • Bitcoin
  • Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
    • Crypto Mining
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Regulations
  • Scam Alert
  • Analysis
Logo
  • Home
  • Bitcoin
  • Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
    • Crypto Mining
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Regulations
  • Scam Alert
  • Analysis
No Result
View All Result
World News Crypto
Home Regulations

The US Government wants the Voyager-Binance deal to be halted

by info@thecryptocasino.com
March 16, 2023
in Regulations
Reading Time: 2 mins read
A A
0
The US Government wants the Voyager-Binance deal to be halted
Share on FacebookShare on Twitter


Key takeaways;

The US Authorities desires to halt the $1 billion deal between Binance.US and Voyager Digital.

The federal government mentioned the deal needs to be on maintain whereas key authorized objections are ironed out.

Binance appears to be like prime to amass Voyager Digital’s belongings after FTX’s collapse in November.

Authorities seeks to halt the Voyager-Binance.US deal

America authorities revealed in a submitting on Tuesday that it desires the $1 billion deal supplied by Binance.US to purchase belongings of bankrupt crypto lender Voyager to be placed on maintain till key authorized objections are ironed out. 

This newest cryptocurrency information comes after an enchantment by the U.S. Trustee, a department of the Division of Justice answerable for chapter circumstances. The US Trustee has issues that the deal would be sure that Voyager and its employees wouldn’t be held answerable for breaches of tax or securities legislation.

The submitting by U.S. Lawyer Damian Williams mentioned;

“The Court docket can not inform the Authorities to talk now or perpetually maintain its peace earlier than Voyager and Binance.US wed. Nothing within the Chapter Code permits courts to exculpate events from legal responsibility to the Authorities for previous and future conduct.”

In line with Williams, the approval of the deal needs to be paused, or no less than the components which restrict the US Authorities’s means to implement the legislation, till appeals are correctly addressed in larger courts. 

Binance.US appears to be like set to finish Voyager Digital’s acquisition

The enchantment comes per week after New York chapter choose Michael Wiles accredited the deal. The choose confirmed appreciable skepticism of arguments from the Securities and Change Fee, which argued that Voyager’s VGX token is likely to be an unregistered safety.

Final month, Voyager Digital bought a few of its belongings by way of the US-based cryptocurrency alternate Coinbase.

The corporate obtained roughly $100 million within the USD Coin (USDC) stablecoin for gross sales of a number of tokens, together with Shiba Inu, Ethereum and the native Voyager Token.

Binance.US took the prime place to amass Voyager Digital’s belongings after the collapse of FTX. FTX beforehand agreed to amass Voyager Digital earlier than the collapse of the cryptocurrency alternate.

Share this articleCategoriesTags



Source link

Tags: DealGovernmenthaltedVoyagerBinance
Previous Post

Pokémon Explores the Web3 Space with New Role

Next Post

The start of metaverse & NFT expansion in Japan

Related Posts

Tether refutes “stale allegations” from Wall Street Journal
Regulations

Tether refutes “stale allegations” from Wall Street Journal

March 8, 2023
Crypto needs regulatory clarity: Blockchain Association CEO
Regulations

Crypto needs regulatory clarity: Blockchain Association CEO

February 24, 2023
US SEC fines former NBA Star Paul Pierce $1.4M for crypto
Regulations

US SEC fines former NBA Star Paul Pierce $1.4M for crypto

February 20, 2023
Sen. Warren to reintroduce AML bill extending to DeFi and DAOs
Regulations

Sen. Warren to reintroduce AML bill extending to DeFi and DAOs

February 16, 2023
SEC’s ruling on BUSD “makes no sense”
Regulations

SEC’s ruling on BUSD “makes no sense”

February 18, 2023
Market analyst says SEC “just starting” its war on crypto
Regulations

Market analyst says SEC “just starting” its war on crypto

February 14, 2023
Next Post
The start of metaverse & NFT expansion in Japan

The start of metaverse & NFT expansion in Japan

Here’s How Bitcoin Halving Cycle Now Stacks Up Versus Past

Here's How Bitcoin Halving Cycle Now Stacks Up Versus Past

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at World News Crypto.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • Bitcoin
  • Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
    • Crypto Mining
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Regulations
  • Scam Alert
  • Analysis

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

  • JDBJDB(JDB)$0.021575-0.61%
  • bitcoinBitcoin(BTC)$28,223.00-0.27%
  • ethereumEthereum(ETH)$1,807.481.82%
  • USDEXUSDEX(USDEX)$1.080.90%
  • tetherTether(USDT)$1.01-0.39%
  • binancecoinBNB(BNB)$339.850.44%
  • usd-coinUSD Coin(USDC)$1.00-0.31%
  • rippleXRP(XRP)$0.49252128.89%
  • cardanoCardano(ADA)$0.37963111.82%
  • dogecoinDogecoin(DOGE)$0.0778286.99%