Binance.US Receives Court Approval to Buy Voyager Assets – Bits Media

Voyager Digital Bankruptcy Court Approves Binance.US Acquisition of Crypto Lender.

Federal Judge Michael Wiles (Michael Wiles), overseeing the bankruptcy proceedings of a cryptolender, announced, that he considers the objections of the Commission on Values ​​to be speculative papers and exchanges (SEC) About the transaction. The regulator did not even declare an official position on this issue, The judge emphasized, adding, SEC employees "only suggest", that Voyager and Binance.us can violate securities legislation.

By a court decision, the bankrupt Voyager Digital received permission to sell its assets worth more $1 billion of the Binance of the largest crypto -tank company. Wiles agreed to postpone the decision to force on the day, Giving SEC another chance to prepare a reasoned objection or withdraw claims.

“I cannot put the whole thing in deep freezing for an indefinite period while the regulatory authorities find out, Do they think, that there are problems with the restructuring plan ", - explained judge Michael Wiles.

The securities and exchanges commission would like to save
For itself, the possibility of influencing the Voyager Digital restructuring process and not allow Binance.us to participate in the bankruptcy procedure. Representative of the US Department of Justice Peter Aronoff(Peter Aronoff) He said at the hearing, that the decision of Judge Wiles can be appealed.