U.S. Government Case Against Voyager-Binance.US Deal Has 'Substantial' Merits, Judge Says
District Judge Jennifer Rearden put the $1 billion deal on hold but said she’d expedite an appeal to avoid too much delay
Continue ReadingDistrict Judge Jennifer Rearden put the $1 billion deal on hold but said she’d expedite an appeal to avoid too much delay
Continue ReadingRegulators, including the U.S. Securities and Exchange Commission (SEC) and various state regulators have been staunchly opposed to the proposed deal. Last month, the SEC filed an objection to the purchase of Voyager, arguing that Binance.US may be violating federal securities laws by operating an unregistered securities exchange in the U.S.
Continue ReadingBinance rebranded its custody arm to Ceffu earlier this month.
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