Binance.US, SEC Ordered to Start Negotiations Wednesday Amid Asset Freeze Tussle
A U.S. federal judge on Tuesday rejected SEC’s request to order a freeze on Binance.US’ assets – provided the parties could agree on limits.
Binance US
SEC Clampdown Spurs $4B Deposit Flight From Binance, Coinbase and Binance.US
The exchanges, targeted by the SEC for violating federal securities laws, have endured a significant wave of user withdrawals but managed to process transactions in an orderly fashion so far.
Binance Executive Controlled Bank Accounts Belonging to U.S. Wing in 2019-20: Reuters
Binance.US has always claimed to be independent from Binance, a stance that may come under scrutiny following this news.
Bitcoin Trades at Nearly $650 Premium on Binance.US
The widening discrepancy between the bitcoin price on Binance’s U.S. arm and global counterparts has some observers worried about impending legal action directed at the unit.
Voyager-Binance.US Legal Fight Must Be Resolved by April 13, Court Documents Say
The bankrupt company’s creditors stand to lose $100 million if delays caused by government objections drag on.
U.S. Government Case Against Voyager-Binance.US Deal Has ‘Substantial’ Merits, Judge Says
District Judge Jennifer Rearden put the $1 billion deal on hold but said she’d expedite an appeal to avoid too much delay
Voyager-Binance.US Pause Denied by Bankruptcy Judge
A New York court denied the government’s request to halt the $1 billion deal, saying delay would harm customers.
Voyager-Binance.US’ $1B Deal Should Be Halted, U.S. Government Says
The Department of Justice doesn’t like provisions that would render the company immune from prosecution for former wrongdoing
U.S. DOJ Appeals New York Judge’s Decision to Approve Voyager’s Sale to Binance.US
The appeal comes just one day after Judge Michael Wiles gave Voyager Digital the go-ahead to sell its assets to Binance.US.