The $1 billion acquisition deal between Binance’s US subsidiary Binance.Us and bankrupt crypto platform Voyager Digital was given the green light by the court despite all objections.
Bloomberg reported on March 7, Voyager Digital’s Binance.US Judge in the case of acquisition by Michael Willesdespite objections from other regulators, including the SEC. sufficient evidence due to not presenting 1 billion dollar purchase.
Wiles does not believe that Binance.US has violated or will violate any law. no evidence presented stated.
Wiles’ decision, the purchase to be approved and a refund to enable Voyager’s creditors to reimburse to issue the token allowed the opportunity. Also, Voyager’s acquisition If the deal fails own self It also included restructuring.
SEC’s lawyers opposing the lawsuit insufficient And for baseless reasons Wiles, who accused him of opposing the purchase, said that regulators could your operations case while trying to decide whether it contains any infringement. can’t just wait expressed. The judge told the regulators that this case waiting for the result thousands victim reminded that.
on the other hand SEC and US Department of Justice (DOJ) the operations of the regulators in the later bankruptcy proceedings of a bankruptcy case protected by a judge. will undermine about Wiles’ decision, citing they will go to court stated. Regulators’ lawsuit decision by Wiles disappointment and the ability to sue an operation sanctioned by a federal judge meant that bankruptcy cases were settled. will make it impossible expressed.
Commenting on the subject Binance.USclaims of regulators sad Stating that he found it, their sole purpose as the stock market is to protect the assets of the victims as possible. as soon as possible return and tell them about their assets give free choice stated that.