By CryptoNews - 1 year ago - Reading Time: 1 minutes
U.S. Government Demands Halt to Voyager-Binance.US' $1 Billion Deal – Here's Why
Plans by Binance.US to acquire the assets of Voyager Digital, a collapsed cryptocurrency brokerage, have hit a snag following a demand by the US government to put the proposed deal on hold.According to court filings, both the Securities and Exchange Commission (SEC) and New York's financial regulator have raised objections to the $1 billion transaction, citing multiple concerns.
The SEC said the Voyager deal might violate laws on the unregistered offer and sale of securities. ...
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Original source: CryptoNews