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SEC, New York regulator oppose Binance.US $1 billion deal for Voyager

Summary by Ground News
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. The SEC believes that certain elements of the asset restructuring plan could breach Securities Laws. The company will retain the right to sell cryptocurrencies belonging to Voyager to distribute to account holders, which is the main point of concern.
Published 3 months ago

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