William Uptegrove, attorney for the US Securities and Exchange Commission (SEC), used the definition of an unregistered seller of securities for Binance US, the US subsidiary of Binance.
SEC Senior Litigation Attorney William UptegroveContinuing between Binance US and the bankrupt Voyager Digital 1 billion dollars He made remarkable statements in the acquisition case. Binance US in the USA is an unregistered securities dealer voicing Uptegrove, Voyager’s VGX sale of tokens securities stressed its nature.
Uptegrove, on the other hand, made these statements “individual opinions” and stated that the SEC has yet to take any official action on the matter:
The Commission did not make any determinations on either of these issues. The beliefs of the staff do not represent the opinion of the commission.
Responding to the statements made on the subject, Binance.US spokesperson further explained the SEC. constructive dialogue invited to establish:
It is regrettable that an SEC staff member described our institution as an unregistered exchange without providing a detailed account of which assets listed on Binance.us are clearly considered securities. Together with others in our industry, we are committed to constructive dialogue with regulators and to support a comprehensive regulatory framework.
Launched for Binance US to buy Voyager court process continues. Until now, Voyager’s creditors 97%announced that it supports this agreement, which is being tried to be established with Binance US.