Although a New York bankruptcy court signed off on Binance US’ plan to buy Voyager’s damaged assets, the US government has been trying to block the multibillion-dollar deal.
Office of Trustees of the United States Department of Justicehave filedThe appeals court in Binance US’s case to acquire Voyager Digital’s assets came a day after New York Bankruptcy Court Judge Michael Wiles approved the purchase.
“We have creditors waiting. and those in the midst of all this uncertainty who still do not have access to the assets they invest in. which in some cases is their lifetime savings,” Judge Wiles said during the hearing.
U.S. Department of Justice appeals It follows similar opposition from other regulators, including the Securities and Exchange Commission, or SEC, who filed objections to the deal last month. It alleges violations of federal securities laws through the stock exchange’s unregistered operations.
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