Voyager Bankruptcy Judge Gives SEC Ultimatum Over Binance.US Deal By DailyCoin
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Voyager Bankruptcy Judge Gives SEC Ultimatum Over Binance.US Deal
- The SEC said Binance.US could be running an unregistered securities exchange.
- US bankruptcy judge said that the decision is urgent.
- Voyager executives would get immunity from the SEC for creating new token.
Bankrupt crypto broker Voyagerâs deal with Binance.US deal is hanging by a thread. The deal, which would, according to Voyager, help creditors recover funds, needs court approval. What stands in the way are the mounting objections by the US Securities and Exchange Commission (SEC).
The most recent SEC objection came on Friday, suggesting that Binance.US may be running an unregistered securities exchange. These claims might not be enough to block the deal, recent remarks by the bankruptcy judge suggest.On Monday, Judge Michael Wiles of New York’s Southern District Bankruptcy Court said that he could not delay the deal…
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Voyager Bankruptcy Judge Gives SEC Ultimatum Over Binance.US Deal
- The SEC said Binance.US could be running an unregistered securities exchange.
- US bankruptcy judge said that the decision is urgent.
- Voyager executives would get immunity from the SEC for creating new token.
Bankrupt crypto broker Voyagerâs deal with Binance.US deal is hanging by a thread. The deal, which would, according to Voyager, help creditors recover funds, needs court approval. What stands in the way are the mounting objections by the US Securities and Exchange Commission (SEC).
The most recent SEC objection came on Friday, suggesting that Binance.US may be running an unregistered securities exchange. These claims might not be enough to block the deal, recent remarks by the bankruptcy judge suggest.On Monday, Judge Michael Wiles of New York’s Southern District Bankruptcy Court said that he could not delay the deal…
Continue Reading on DailyCoin
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