US regulators want a judge The acquisition of Voyager Digital was suspended in Chapter 11 of the bankruptcy proceedings by Binance US until the company disclosed more about its finances and corporate relationship with Binance.
Securities and Exchange Commission U.S. Department of Justice Trustee and state regulators from New Jersey and Vermont. It filed an objection to the acquisition in Voyager’s bankruptcy lawsuit for the Southern District of New York.
The objection targets concerns about the relationship between Binance.US and the Binance exchange, emphasizing that “After transferring cryptocurrencies to Binance.US, Binance.US will have the freedom to control cryptocurrencies as they please. Therefore, without the knowledge of the customer Digital currency may be transferred to other countries or non-US accounts which is beyond the control of US regulators and law enforcement.”
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