Sec Intervenes In Binance Us Acquisition - Of Ban...

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Sec Intervenes In Binance Us Acquisition - Of Ban...

: The SEC and New York regulators formally opposed the deal, arguing it might involve the sale of unregistered securities .

The in Binance.US's proposed $1.02 billion acquisition of bankrupt crypto lender Voyager Digital led to the deal's eventual collapse in April 2023. Timeline of SEC Intervention SEC Intervenes in Binance US Acquisition of Ban...

: The SEC filed a "limited objection" to the deal, citing a lack of information regarding Binance.US's ability to fund the purchase and how it would secure customer assets. : The SEC and New York regulators formally

: Binance.US officially terminated the agreement, citing a " hostile and uncertain regulatory climate " in the United States. Resolution of Broader Legal Actions (2025–2026) : Binance

While the Voyager deal was abandoned, the broader legal battle between the SEC and Binance reached a significant turning point recently: