Voyager acquisition failure | Crypto Academy

Binance.US has canceled its deal to acquire the assets of Voyager Digital. The news was confirmed by both parties. It was released on the bankrupt lender’s official Twitter page in his statementdisappointingcalled the situation.

According to Binance.US, the US regulatory environment is highly unpredictable Contributed to terminate the contract. “The hostile and uncertain regulatory climate in the United States has created an unpredictable operating environment affecting the entire American business community.

Binance.US back in December Agreed And about buying Voyager assets after the company since in bankruptcy gold Bound with FTX an agreement to fail. Thanks to a positive court decision, the bankruptcy court approved the proposed sale plan in January.

In connection with this, negotiations for a credit settlement between FTX and Voyager began in February, and in March they began selling crypto assets to liquidate in bankruptcy proceedings.

Learn about crypto options trading with OptionsGuru and Crypto Academy. Get ready with us, and see what our Crypto Option Start Tutorial can do.

From the beginning, many authorities tried to block the agreement. First, the US Securities and Exchange Commission (SEC) opposed the deal, then government regulators, the US Treasury and several private investors.

The Committee on Foreign Investment in the United States also said it would review deals with the lender, which declared bankruptcy last year. In March, the US Department of Justice also backtracked on the deal, saying the deal should be put on hold while legal challenges are worked out. It seems they succeeded.

See also  Car: They drove the first Lamborghini Countach from scratch

More news, trading analytics, tips at disagreement On our server, the Tik Tok and the Youtube Found on our channel.

The SEC disagrees internally, either

/binance.us, voyager/

Leave a Reply

Your email address will not be published. Required fields are marked *