{"id":75330,"date":"2023-03-10T12:24:29","date_gmt":"2023-03-10T10:24:29","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=75330"},"modified":"2025-09-10T10:59:38","modified_gmt":"2025-09-10T07:59:38","slug":"u-s-doj-appeals-binance-us-voyager-digital-assets-purchase-ruling","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/u-s-doj-appeals-binance-us-voyager-digital-assets-purchase-ruling\/","title":{"rendered":"U.S. DOJ appeals Binance.US Voyager Digital assets purchase ruling."},"content":{"rendered":"

The U.S. Department of Justice has filed \u0430\u043f\u0435\u043b\u043b\u044f\u0446\u0438\u044e<\/a> against the ruling approving Binance.US’s purchase of Voyager’s assets undergoing bankruptcy proceedings.<\/p>\n

The authorities are trying to block the $1.02 billion deal, which Judge Michael Wells approved<\/a> earlier this week. He noted potential risks but said there were no compelling reasons to deny.<\/p>\n

In December 2022 Binance.US offered the highest bid<\/a> for Voyager’s assets. However regulators, including the U.S. Securities and Exchange Commission (SEC) and the New York Department of Financial Services, opposed<\/a> the deal.<\/p>\n

During the hearing on the case, SEC stated<\/a> that the U.S. unit of Binance runs an unregistered securities exchange. At one hearing, the judge called for<\/a> the regulator to explain its position.<\/p>\n

\n

\u201cSomething must be done. There are creditors waiting and, in the midst of all this uncertainty, they do not have access to the assets in which they have invested their savings, so we must take some action,\u201d Wells said.<\/p>\n<\/blockquote>\n

In September 2022, the Voyager asset sale auction was won by FTX<\/a>. The broker reached a preliminary agreement<\/a> with the US unit of Sam Bankman-Fried’s exchange.<\/p>\n

However in November FTX Group filed its own bankruptcy filing<\/a>, after which Voyager had to restart the process.<\/p>\n

In March 2023, Lookonchain observed a selling-off of the broker’s assets<\/a> for ~$56m.<\/p>\n","protected":false},"excerpt":{"rendered":"

The U.S. Department of Justice has filed an appeal of the ruling approving Binance.US’s purchase of Voyager’s assets in bankruptcy proceedings.<\/p>\n","protected":false},"author":1,"featured_media":75331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,26,1546],"class_list":["post-75330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-usa","tag-voyager"],"aioseo_notices":[],"amp_enabled":true,"views":"30","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/75330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=75330"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/75330\/revisions"}],"predecessor-version":[{"id":75332,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/75330\/revisions\/75332"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/75331"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=75330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=75330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=75330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}