<p>The deal was previously halted by the SEC, given the green light, and stopped again by the CFTC and U.S. District Courts.</p>
<ul>
<li>After Binance US and Voyager Digital reached an agreement for a buyout, the process of getting the deal approved <a href="https://twitter.com/VoyagerUCC/status/1648753616931495936" data-wpel-link="external" target="_blank">began</a>.</li>
<li>At first, the SEC and the DOJ requested more time to gather evidence that could block the sale.</li>
<li>However, the motion was denied by the judge presiding over the case, who <a href="https://cryptopotato.com/voyager-digital-sale-to-binance-us-on-the-rocks-again/" data-wpel-link="internal">stated</a> that he could not hold up a solution agreed upon by both businesses and anxious creditors without good reason.</li>
<li>Creditor’s hopes of a speedy restitution were dashed shortly after when, following pressure from the CFTC – who was in the middle of an investigation into Binance US’s dealings – the deal was once again halted on the 27th of March.</li>
<li>Nevertheless, the plan has now been approved, following a joint resolution reached by Voyage, Binance US, the committee of unsecured creditors, and the courts.</li>
<li>Although the exact date when the deal will be set in stone is still unknown, it is expected to go into effect as soon as possible, ending a case that has been dragging on since last summer.</li>
</ul>
<p>The post <a href="https://cryptopotato.com/voyager-binance-deal-moves-forward-after-further-deliberation/" rel="nofollow">Voyager-Binance Deal Moves Forward After Further Deliberation</a> appeared first on <a href="https://cryptopotato.com/" rel="nofollow">CryptoPotato</a>.</p>

Voyager-Binance Deal Moves Forward After Further Deliberation

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