Securities and Exchange Commission staff believe Binance.US is operating an unregistered securities exchange in the United States, a lawyer said during a Voyager Digital bankruptcy hearing on Friday e...
Tag: Binance.us
Crypto Lender Voyager Says Majority of Customers Voted for Restructuring Plan With Binance.US
A majority of the company’s creditors also voted to opt their claims into a “wind-down entity,” according to a breakdown of votes included in a declaration by Stretto director Letici...
97% of Voyager’s Customers Vote in Favor of Binance.US Restructuring Plan
Nearly all customers of bankrupt crypto broker Voyager Digital have voted in favor of the company’s plan to sell its assets to Binance.US, the American affiliate of the crypto giant. According to a Tu...
Texas Disapproves Proposed Deal between Binance.US and Voyager Digital
Texas 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 betw...
Binance.US Could Be in Violation of Securities Law
Binance.plan US’s to buy over one billion dollars’ worth of assets that had belonged to the bankrupt cryptocurrency lending company Voyager Digital has been met with opposition from the Un...
Binance.US Launches Active Trading for Shiba Inu (SHIB)
Binance.US has launched the trading of Shiba Inu (SHIB), the famous meme coin token. SHIB will replace KSHIB, as KSHIB holders will be rewarded with SHIB equivalence. Shiba Inu climbs to the top of th...
Binance.US Launches Full Support for Shib Inu (SHIB) – Is Bone ShibaSwap (BONE) Next?
Binance.US just ditched a coin that’s designed to be mathematically pegged to Shiba Inu, deciding instead to launch full support for the native crypto asset SHIB. The US-based crypto exchange initiall...
SEC Takes Another Shot At Binance.US
The deal between Binance.US and Voyager Digital has hit a significant roadblock as the deal breakers voiced objections against it. The US Securities and Exchange Commission (SEC) has raised objections...
SEC Objects to Binance.US’ $1B Voyager Deal, Alleging Sale of Unregistered Securities
Voyager “onboarded New York customers and thus illegally operated a virtual currency business within the state without a license, in violation of New York laws and regulations,” depriving its customer...
SEC files objection to Binance.US bid for Voyager assets
The United States Securities and Exchange Commission (SEC) has objected to Binance.US’ move to acquire over $1 billion of assets belonging to the defunct cryptocurrency lending firm Voyager Digital. A...
Binance.US Acquisition of Voyager Assets Faces Regulatory Opposition
Binance.US’s $1.02 billion acquisition of Voyager is facing regulatory opposition. The SEC stems from concerns about the deal’s potential risks and legal violations. The opposition from regulators und...
SEC and New York regulators push back on Binance.US’s acquisition of Voyager
The U.S. Securities and Exchange Commission (SEC), the New York Department of Financial Services (NYDFS) and the Attorney General of the State of New York have objected to Binance.US’s amended plan to...
Binance.US Responds to Reports Alleging Secret $400,000,000 Bank Transfers to Firm Managed by CEO Changpeng Zhao
Crypto exchange giant Binance is denying allegations that it secretly moved large sums of money from its US affiliate to a trading firm associated with its CEO Changpeng Zhao. A report by Reuters clai...
U.S. Congress may hold inquiry into Binance.US
Ad U.S. Congress should hold an inquiry into Binance.US over its connection to Merit Peak, according to statements from a senator quoted by Reuters on Feb. 17. Senator Roger Marshall told the publicat...
Will Binance.US Face A Congressional Inquiry Into Connection With Merit Peak?
Binance, a major cryptocurrency exchange, secretly gained access to a bank account belonging to an ostensibly independent US partner and transferred sizable sums of money from the account to a trading...
Binance.US Refutes Reuters Report, Says Only its Executives Have Access its Bank Accounts
Binance.US refuted an earlier report made by Reuters, which stated that the international exchange allegedly moved $400 million from an account belonging to the American affiliate. In an attempt to cl...
Binance moved $400M from Binance.US account to firm tied to CZ: Report
An investigative report has suggested that major cryptocurrency exchange Binance was behind the transfer of roughly $400 million in funds from a Binance.US account to a trading firm managed by CEO Cha...
Binance.US sent $400M to a partner firm managed by CZ
Ad Binance.US sent approximately $404 million to a firm managed by Binance CEO Changpeng Zhao, according to a Feb. 16 report from Reuters. That report alleges that Binance.US, under the name BAM Tradi...
Merit Peak, firm at heart of Reuters report, operated on Binance.US, exchange admits
Binance.US, the U.S. affiliate of the world’s largest crypto exchange, acknowledged that a market making firm called Merit Peak, which is alleged to have secretly received $400 million from the exchan...
Binance to temporarily suspend USD transfers on Feb. 8
Binance said Monday that it would temporarily halt U.S. dollar transfers on Feb. 8, a move the company claims would only affect a “small proportion” of its users. “It is worth noting...
Voyager’s VGX Jumps 40% Following Binance.US Takeover News
Bankrupt crypto lender Voyager has been given a legal nod for the $1 billion sale of its assets to Binance.US as part of its ongoing liquidation proceedings following its collapse last year. News of t...
Binance.US And Voyager Deal Granted Initial Approval Amidst Probe
Voyager Digital, the bankrupt crypto lender, has received initial court approval for the proposed sale of its assets to Binance.US. The nod comes amidst an ongoing national security probe regarding t...
Voyager Ensures Greater Recoveries After Binance.US Transaction
Voyager Digital received the initial approval from the US Bankruptcy Court to sell its assets to Binance.US. The platform tweeted the summary of the changes that the transaction supposedly brings. Voy...
Voyager defends Binance.US’ bid; Nomad exploiter moves stolen funds
The biggest news in the cryptoverse for Jan. 9 saw Voyager strike back against objections to Binance.US’ attempted buyout of its assets. Meanwhile, a Forbes report has drawn attention to Binance’s hig...
SEC Puts Objection to Binance.US $1 Billion Acquisition Deal for Voyager Assets
The SEC wants to know how Binance.US is going to facilitate such a huge transaction. Last month, Binance.US proposed a $1 billion acquisition deal to get its hands on the assets of bankrupt crypto len...
SEC Objects to the $1,000,000,000 Binance.US Bid To Acquire the Assets of Bankrupt Crypto Platform Voyager
The U.S. Securities and Exchange Commission (SEC) is refusing to approve the proposal of crypto exchange Binance’s US subsidiary to acquire more than $1 billion worth of assets owned by bankrupt crypt...
Will SEC Sue Binance.US? Here’s What John Deaton Has To Say
In the early hours today, the Securities and Exchange Commission (SEC) filed a limited objection to the acquisition between Binance and Voyager. As per the SEC, the purchase agreement lacks the necess...
Deaton Suspects That The SEC Will Sue Binance.US
– Advertisement – The SEC filed a limited objection to Binance.US’s acquisition of Voyager assets. Attorney John Deaton has said he suspects that the US Securities and Exchange Commission ...
SEC Objects Binance.US – Voyager Acquisition Deal, What Next?
Last month the crypto exchange, Binance announced the acquisition of bankrupt Voyager digital assets for $1.022 billion. This bid included the fair market value of Voyager’s crypto portfolio along wit...
Binance.US’ Voyager assets acquisition hits roadblock with SEC interruption
SEC has filed a limited motion objecting to Binance.US’ acquisition of Voyager’s assets The commission seeks to know how Binance.US can afford such a large deal The United States Securities and Exchan...
Binance.US deal with Voyager may fall under federal committee review
An agreement between Binance.US and bankrupt crypto lender Voyager Digital may be subject to review by the Committee on Foreign Investment in the United States (CFIUS), court filings showed. The...