SEC Objects to Binance.US’ $1B Voyager Deal, Alleging Sale of Unregistered Securities
Federal and New York regulators object to the billion-dollar deal, saying it is potentially unlawful and discriminatory. Original Source
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Sale
Voyager’s Binance US Sale Plan ‘Full Steam Ahead,’ Counsel Says
A vast majority of Voyager’s creditors are voting in favor of a plan to sell assets to Binance US, a New York court was told today. Source
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No businesses are for sale, says Blockchain.com
Cryptocurrency exchange and financial services firm Blockchain.com has denied attempts to sell assets or subsidiaries, and it is not in talks with other crypto firms about possible deals, a spokesperson told Cointelegraph on Feb. 18. According to reports citing anonymous sources, executives of the company discussed selling parts of its business
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Celsius bankruptcy judge authorizes the sale of $7.4M worth of Bitmain coupons
Debtors for crypto lender Celsius Network have the authority to sell coupons for mining firm Bitmain coupons worth roughly $7.4 million following a ruling from a bankruptcy judge.In a Feb. 16 court filing, United States Bankruptcy Judge Martin Glenn said it was in the “best interests of the Debtors’ estates,
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Bitget Announced Panda Farm (BBO) Token Sale on Its Re-launched Launchpad Platform – Press release Bitcoin News
press release PRESS RELEASE. Victoria, Seychelles, February 16, 2023 – Bitget, the world’s largest crypto copy trading exchange, announced the relaunch of its Launchpad platform, which provides exclusive access to promising blockchain projects at an early stage. Panda Farm (BBO), the first completely decentralized GameFi project running on Arbitrum, will
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Celsius Debtors Release Sale Plan, Choose NovaWulf as Plan Sponsor
NewCo will be a regulatory-compliant public, reporting company 100% owned by Earn creditors, all of whom will receive a significant distribution of liquid crypto, with a "convenience class" of creditors receiving 70% recovery of their funds. No Celsius founder will be involved in NewCo and the majority of the NewCo
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Kazakhstan to mandate 75% revenue sale from crypto mining for tax purposes
Kazakhstan, one of the biggest Bitcoin (BTC) mining hubs in the world, announced plans to introduce new crypto regulations aimed at reducing tax fraud and unlawful business operations. A new law signed by Kazakh President Kassym-Jomart Tokayev on Feb. 6 reinstated the nation’s stand against the unlawful mining operations and issuance
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Genesis Unveils Proposed Sale Plan With DCG, Bankruptcy Creditors
"'Equitization' means, if the Sale Process does not result in the sale of all or substantially all of the assets of Genesis, a restructuring under the Amended Plan pursuant to which the GGC Creditors will receive, among other things, one hundred percent (100%) of the equity in reorganized GGH, subject
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Genesis entity going up for sale as DCG makes creditor pact
Genesis Global has announced it has reached an "agreement in principle" with Digital Currency Group (DCG) which will eventually see its crypto lending and trading arm sold as part of restructuring efforts.According to a Feb. 6 press release, DCG would contribute its equity in Genesis Global Trading, a trading subsidiary
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Marathon’s first Bitcoin sale in 2 years not the result of distress
The second largest publicly-listed holder of Bitcoin, crypto mining firm Marathon Digital Holdings has offloaded some of its Bitcoin for the first time in two years. A spokesman told Cryptox this was not a result of financial distress. As per a January update posted on Feb. 2, the company disclosed it sold
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