In a filing on Jan. 4, the financial regulator submitted a limited objection and reservation of rights. The SEC is pushing back on Binance’s U.S. division’s plan to buy bankrupt crypto lender Voyager Digital in a deal valued at around $1 billion.
According to the agency, the purchase agreement does not include sufficient detail about Binance’s ability to close the transaction.
It stated that the asset purchase agreement fails to include details about:
“The ability of Binance US to consummate a transaction of this magnitude, which the Debtors value at $1.022 billion, including the nature of Binance US’s business operations after the acquisition.”
SEC Wants More Details on Customer Reimbursements
The regulator also requires further detail regarding how Voyager Digital (the debtors) intends to secure customer assets. It wants information on safeguards implemented to protect against theft or loss by both the debtors and Binance US after its acquisition of assets.
Further detail
We współpracy z: https://cryptopotato.com/sec-objects-to-binance-us-buying-voyager-digital-for-1-billion/
