• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

🔥 Bitcoin Bereikt Nieuwe Hoogtepunten en wordt geoptimaliseert met deze Layer 2 Presale!!!

2025-07-02

Crypto firms paid $2.7M monthly to North Korean workers

2025-07-02

Bitcoin To $1M? Here’s WHY!

2025-07-02

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What are Rollups in Crypto? ZK Rollups and Optimistic Rollups Explained

    2025-07-02

    A Full Comparison of Layer 2 Solutions

    2025-07-02

    What are Optimistic Rollups? How They Work and Why They Matter

    2025-07-01

    What Are ZK Rollups? How They Work and Why They Matter

    2025-07-01

    A Step-by-Step Guide for Beginners

    2025-06-20
  • Videos

    🔥 Bitcoin Bereikt Nieuwe Hoogtepunten en wordt geoptimaliseert met deze Layer 2 Presale!!!

    2025-07-02

    Bitcoin To $1M? Here’s WHY!

    2025-07-02

    🚀 BTC BOOMING: BlackRock $4B 🏦 | Dollar Crash w OTC 📉 | ETFs EXPLODE 💥

    2025-07-02

    Don’t Miss These 3 Important Events (MASSIVE)

    2025-07-01

    ⚡ SPX6900 + Token 6900 = 100x Potentie? | Volgende Meme Coin Gekte?

    2025-07-01
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Analysis»U.S. Department of Justice Appeals Court Decision Approving $1,300,000,000 Voyager Acquisition
Analysis

U.S. Department of Justice Appeals Court Decision Approving $1,300,000,000 Voyager Acquisition

2023-03-11No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The U.S. Department of Justice (DOJ) is appealing a recent court decision that approved Binance.US’ acquisition of embattled crypto lender Voyager Digital.

In a new court filing, the DOJ is appealing New York Judge Michael Wiles’ decision to allow Voyager to sell $1.3 billion worth of assets to Binance.US, the US branch of the world’s largest crypto exchange platform by volume.

The deal also included a $20 million payout to customers of Voyager, which went bankrupt last year after troubled crypto firm Three Arrows Capital (3AC) failed to pay back a loan worth hundreds of millions of dollars.

Earlier this week, Judge Wiles rejected the U.S. Securities and Exchange Commission’s (SEC) argument that the deal between the two companies should be stopped because it could possibly violate securities law.

According to the SEC, the redistribution of the firm’s funds to account holders may be a violation of the Securities Act of 1933.

“Here, the transactions in crypto assets necessary to effectuate the rebalancing, the redistribution of such assets to Account Holders, may violate the prohibition in Section 5 of the Securities Act of 1933 against the unregistered offer, sale or delivery after sale of securities.”

However, Judge Wiles said he doesn’t believe this is a valid reason for the deal to be put on hold.

“I cannot put the entire case into [an] indeterminate deep freeze while regulators figure out whether they believe there are problems with the transaction and plan.”

If the deal breaks apart or is successfully stymied by regulators, Voyager may still choose to liquidate on its own to pay back its customers. However, Voyager’s lead investment banker Brian Tichenor says that the deal with Binance.US would give the customers about $100 million more, according to previous reports.

See also  ETH Remains Steady At Over $2,300

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Generated Image: Midjourney

acquisition appeals Approving Court Decision Department Justice U.S Voyager
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Is the U.S. Now at War? | My Next Crypto Moves

2025-06-22

The U.S. Economy Is BAD!

2025-06-19

The U.S. Government Is SEIZING YOUR Bitcoin!

2025-06-05

💸 U.S. DEBT CRISIS: HOW to Defuse This Time Bomb🧨?

2025-05-17
Add A Comment

Leave A Reply Cancel Reply

Top Posts
NFT

Theta Labs and NHL’s Vegas Golden Knights partner on NFT fan experiences

2024-01-16

Theta Labs and the NHL’s Vegas Golden Knights announced a partnership on Jan. 16 that…

Videos

🏆 The New Mag 7: Your 2030 Power Portfolio 💼

2025-05-14

AI #Mag7 #NEWMAG7 #FutureProofPortfolio #Disruption #2030 JOIN THE FAMILY: http://www.patreon.com/investanswers …

Bitcoin

Bitcoin Price Soars To $38,000: 5 Major Reasons

2023-11-16

The Bitcoin price has risen as high as $38,012 (on Binance), recording a marginally higher…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

🔥 Bitcoin Bereikt Nieuwe Hoogtepunten en wordt geoptimaliseert met deze Layer 2 Presale!!!

2025-07-02

Crypto firms paid $2.7M monthly to North Korean workers

2025-07-02

Bitcoin To $1M? Here’s WHY!

2025-07-02

🚀 BTC BOOMING: BlackRock $4B 🏦 | Dollar Crash w OTC 📉 | ETFs EXPLODE 💥

2025-07-02
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 109,928.45
ethereum
Ethereum (ETH) $ 2,594.27
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.28
bnb
BNB (BNB) $ 662.54
solana
Solana (SOL) $ 152.31
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.285232
dogecoin
Dogecoin (DOGE) $ 0.172434
staked-ether
Lido Staked Ether (STETH) $ 2,592.76
bitcoin
Bitcoin (BTC) $ 109,928.45
ethereum
Ethereum (ETH) $ 2,594.27
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.28
bnb
BNB (BNB) $ 662.54
solana
Solana (SOL) $ 152.31
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.285232
dogecoin
Dogecoin (DOGE) $ 0.172434
staked-ether
Lido Staked Ether (STETH) $ 2,592.76