Bankruptcy Judge
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Bankruptcy Judge Rules in Favor of Binance US on Voyager Acquisition Bid
According to reports, a bankruptcy judge ruled in a document submitted to the court on Wednesday that the transaction of Binance. US’s $1 billion bid for Voyager should continue, rejecting the request of the United States government to suspend litigation pending appeal. Bankruptcy Judge: Binance. US’s $1 billion bid for Voyager should continue Analysis based on this information:After a tumultuous few weeks of back-and-forth between Binance US and the United States government, the fate of the cryptocurrency exchange’s bid for Voyager has finally been determined by a bankruptcy judge. According to reports, the judge ruled on Wednesday that the transaction could continue, rejecting the request of the government to suspend litigation pending appeal. The saga began when Voyager Digital Ltd., a publicly traded cryptocurrency company, filed for bankruptcy protection in May 2021. Binance US subsequently entered into an agreement to acquire Voyager’s assets for $1 billion, which included both cash and Binance coin. The United States government filed a lawsuit…
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Bankruptcy Judge Rules in Favor of Voyager Digital’s Transaction with Binance.US, Overruling USSEC Objection
It is reported that the bankruptcy judge of Voyager Digital chose to allow the transaction with Binance.US despite the objection of the United States Securitie…
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Celsius Authorized to Sell Bitmainland Discount Coupons Worth $7 Million by Judge Martin Glenn
It is reported that the bankruptcy judge Martin Glenn approved Celsius to sell Bitmainland discount coupons worth more than US $7 million. These assets provide…