Binance8

<ul><li>A New York judge has approved the acquisition of Voyager’s assets by Binance.U.S.</li><li>Judge Michael Wiles noted he couldn’t keep holding up Voyager’s bankruptcy restructuring process.</li><li>The decision would give Voyager the opportunity to issue repayment tokens to customers impacted by its bankruptcy status.</li></ul>A United States bankruptcy judge has approved the acquisition of over $1.3 billion of Voyager’s assets by Binance.US. Judge Michael Wiles of the Southern District of New York ruled against the filing by the <a href="https://coinedition.com/tag/sec/" rel="noopener noreferrer nofollow">Securities Exchange Commission (SEC)</a>, noting that he couldn’t hold up Voyager’s bankruptcy restructuring process while waiting for the SEC to establish its argument.The SEC had initiated a court process to stop Binance.US from acquiring over $1 billion of Voyager’s assets, with the latter already declared bankrupt.According to Wiles, his decision would give Voyager the opportunity to close the sale with Binance.US, and issue repayment tokens to customers impacted by its bankruptcy status. It will allow the trading platform to settle up to 73% of their current debt.<a href="https://coinedition.com/court-judgment-offers-renewed-hope-to-binance-exchange/" rel="noopener noreferrer nofollow">See the Original CoinEdition</a>

Court Judgment Offers Renewed Hope to Binance Exchange

Coin Edition

Andre artikler publisert på 8. mars 2023

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