Helium's HNT Crypto Token Slides to 2-Month Low After Binance.US Delisting Announcement
The token is migrating to the Solana blockchain as of March 27. Source
Read MoreThe token is migrating to the Solana blockchain as of March 27. Source
Read MoreUnited States officials want to remove a provision included in bankrupt lender Voyager Digital’s plan to sell its digital assets to crypto exchange Binance.US that would prevent them from legally pursuing anyone involved with the sale. In a motion filed on March 14 in a New York Bankruptcy Court, U.S. Trustee
Read MoreThe United States Department of Justice (DOJ) has filed an appeal against the latest decision in the case for the selling of assets between Voyager Digital and Binance.US. On March 8, the U.S. Trustee for Region 2 made the appeal to the U.S. District Court for the Southern District of
Read MoreRegulators, including the U.S. Securities and Exchange Commission (SEC) and various state regulators have been staunchly opposed to the proposed deal. Last month, the SEC filed an objection to the purchase of Voyager, arguing that Binance.US may be violating federal securities laws by operating an unregistered securities exchange in the
Read MoreThe regulatory body raised concerns that there is no proof that the transaction complies with US Securities law. A federal bankruptcy judge in the US, Michael Wiles, has given Voyager Digital the go-ahead with its modified restructuring plans, which include Binance.US buying its assets. The crypto exchange emerged as the
Read More"If the government wants to litigate that" Voyager's sale of VGX tokens was an offering of securities, it should have done so, he said, referring to an SEC attorney's statement that the proposed sale may have securities law tie-ups. However, the regulators did not choose to do so; based on
Read MoreU.S. Bankruptcy Judge Michael Wiles appeared heavily skeptical about an attempt by the Securities and Exchange Commission (SEC) to stop a purchase by Binance US of assets of defunct crypto lender Voyager at a Thursday court hearing. Source
Read MoreTexas believes that the restructuring plan appears to discriminate unjustly against Texas-based customers. A recent court filing has revealed that Texas is moving against the proposed buyout deal between Binance.US and defunct crypto lender Voyager Digital. The motion, which was jointly submitted by the Texas State Securities Board and the Department
Read MoreThe SEC said Binance.US purchasing Voyager Digital’s assets could prove unlawful or discriminatory. The US Securities and Exchange Commission (SEC) has opposed the $1.02 billion deal between the US arm of popular crypto exchange Binance and crypto brokerage Voyager Digital. The financial watchdog has recently intensified its watch over crypto
Read MoreFederal and New York regulators object to the billion-dollar deal, saying it is potentially unlawful and discriminatory. Original Source
Read More