U.S. DOJ Trying to Block Binance’s Acquisition of Voyager Assets By DailyCoin

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U.S. DOJ Trying to Block Binance’s Acquisition of Voyager Assets
  • A day after getting the green light to buy Voyager’s assets, Binance faces more regulatory resistance.
  • Judges and Creditors are on the side of Binance as they want to wrap things up quickly.
  • If the deal is blocked, it won’t only be Binance and Voyager that lose out.

Binance is not very popular in the U.S. as recent leaks suggest that Binance.US., purportedly a separate entity to the global exchange, is more connected than previously thought. Due to these revelations, the SEC is on high alert as the Department of Justice (DOJ) steps in.

The DOJ filed an appeal on Thursday, 9 March, challenging a decision to allow Binance U.S.’s plan to acquire the assets of the bankrupt crypto lender Voyager.

Binance.US was cleared to purchase the assets in a…

Continue Reading on DailyCoin

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U.S. DOJ Trying to Block Binance’s Acquisition of Voyager Assets
  • A day after getting the green light to buy Voyager’s assets, Binance faces more regulatory resistance.
  • Judges and Creditors are on the side of Binance as they want to wrap things up quickly.
  • If the deal is blocked, it won’t only be Binance and Voyager that lose out.

Binance is not very popular in the U.S. as recent leaks suggest that Binance.US., purportedly a separate entity to the global exchange, is more connected than previously thought. Due to these revelations, the SEC is on high alert as the Department of Justice (DOJ) steps in.

The DOJ filed an appeal on Thursday, 9 March, challenging a decision to allow Binance U.S.’s plan to acquire the assets of the bankrupt crypto lender Voyager.

Binance.US was cleared to purchase the assets in a…

Continue Reading on DailyCoin

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