Voyager and Binance Mess: Judge Doesn't Back Down - Coinleaks
Current Date:September 21, 2024

Voyager and Binance Mess: Judge Doesn’t Back Down

USABankruptcy Judge Michael Willes, Voyager Digital‘of Binance USHe said preventing it from being sold to .

Crypto organization that declared bankruptcy in the cryptocurrency market shaped after the Terra crisis Voyager Digital could not change hands due to legal processes. Before FTXThe company that is being sold to FTX was wasted by its bankruptcy. Then engaged Binance US , has not yet fully completed the sale due to pressure from the regulators. However, facing the bankruptcy of Voyager Digital Judge Michael Wiles, despite all regulatory pressure, approved the sale and is not backing down.

Voyager Winks at Binance US Despite Pressure

USABankruptcy Judge Michael Willes, despite pressure from US officials and regulators, does not reverse its approval for the sale of Voyager Digital to Binance US.

wilesAccording to , this agreement needs to be realized quickly and if this does not happen, grievances may arise. wiles, Fund holders on the Voyager Digital side, He said he was waiting for this sale.

Rejecting the US authorities’ request to stop the sale, Wiles argued that this decision was pre-approved and should take place. In addition, US officials demanded that the people involved in the sale be followed.

Finally wilesstated that he found the pressures of US officials and regulators exaggerated and decided to continue the bankruptcy plan.