Why the US SEC Has Objected to Binance’s Voyager Takeover Deal

Why the US SEC Has Objected to Binance’s Voyager Takeover Deal

The US Securities and Exchange Commission (SEC) has filed a limited objection to Binance.US’s proposed $1 billion (roughly Rs. 8,250 crore) acquisition of bankrupt cryptocurrency lender Voyager Digital, a bankruptcy court filing showed on Wednesday. The regulator pointed out the failure to include necessary information in Binance.US’s disclosure statement. It said the purchase agreement lacks … Read more

Binance’s Acquisition of Voyager Digital Could Be Delayed by US Review

Binance’s Acquisition of Voyager Digital Could Be Delayed by US Review

Binance’s $1 billion (roughly Rs. 8,275 crore) acquisition of bankrupt crypto lender Voyager Digital could be delayed or blocked by a US national security review, according to a Friday bankruptcy court filing. The crypto exchange’s US-based affiliate Binance.US intends to buy Voyager’s crypto lending platform with a bid that includes $20 million (roughly Rs. 165 … Read more