November 7, 2024

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Binance US restructuring plan favored by 97% of Voyager customers

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Binance US restructuring plan favored by 97% of Voyager customers

A move by Binance US to acquire assets belonging to the bankrupt crypto lending firm Voyager Digital has been favored by 97% of Voyager’s customers.

A Feb. 28 court

The Securities and Exchange Commission (SEC) also objected to the move. A Feb. 22 court filing claimed the Binance US acquisition of Voyager assets could breach securities law.

On the same day, the Federal Trade Commission (FTC) started an investigation into Voyager Digital for its “deceptive and unfair marketing of cryptocurrency to the public.”