SEC Objects to Binance.US’ $1B Voyager Acquisition Deal, Says Lender Might Have Sold Unregistered Securities By DailyCoin
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SEC Objects to Binance.US’ $1B Voyager Acquisition Deal, Says Lender Might Have Sold Unregistered Securities- The SEC is investigating whether Binance.US, Voyager, and related entities have violated federal securities laws.
- The agency pointed to Voyager’s VGX token as a potentially unregistered security.
- The SEC also expressed concern about possible security issues at Binance.US.
The United States Securities and Exchange Commission (SEC) has filed an objection to Binance.US’ intention to acquire over $1 billion of assets belonging to bankrupt crypto lender Voyager.
According to the filing submitted to the U.S. Bankruptcy Court for the Southern District of New York, the SEC is formally investigating whether Binance.US, Voyager, and other related entities violated the antifraud, registration, and other provisions of the federal securities laws.
In particular, the SEC expressed concerns related to Voyager’s inability to explain how it’s going to be able to…
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SEC Objects to Binance.US’ $1B Voyager Acquisition Deal, Says Lender Might Have Sold Unregistered Securities- The SEC is investigating whether Binance.US, Voyager, and related entities have violated federal securities laws.
- The agency pointed to Voyager’s VGX token as a potentially unregistered security.
- The SEC also expressed concern about possible security issues at Binance.US.
The United States Securities and Exchange Commission (SEC) has filed an objection to Binance.US’ intention to acquire over $1 billion of assets belonging to bankrupt crypto lender Voyager.
According to the filing submitted to the U.S. Bankruptcy Court for the Southern District of New York, the SEC is formally investigating whether Binance.US, Voyager, and other related entities violated the antifraud, registration, and other provisions of the federal securities laws.
In particular, the SEC expressed concerns related to Voyager’s inability to explain how it’s going to be able to…
Continue Reading on DailyCoin
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