Texas Objects to Voyager-Binance.US Deal, Court Filing Shows
Texas' State Securities Board and the Department of Banking are objecting to a proposed deal between Binance. US and bankrupted crypto lender Voyager Digital, shows a court filing from Feb. 24.
Crypto Evening Briefing: Cathie Wood's ARK Buys Over $13M of Coinbase Shares
Investment manager ARK has added a total of around $13.2 million worth of Coinbase (COIN) shares.
SEC Objects to Binance.US’ $1B Voyager Deal, Alleging Sale of Unregistered Securities
A $1.02 billion deal by Binance.US to purchase assets of defunct crypto lender Voyager has been opposed by New York and Federal finance regulators, who said in Feb. 22 filings it could prove discriminatory and unlawful.
U.S. Congress May Hold Inquiry Into Binance.US
U.S. Congress should hold an inquiry into Binance.US over its connection to Merit Peak, according to statements from a senator quoted by Reuters on Feb. 17.
Binance Had Secret Access to Silvergate Bank Account of US Partner, Moved $400M in 2021
At present, in-trouble crypto exchange, Binance is facing regulatory heat. It is alleged that Binance transferred $400 million from its Binance.US account to a company reportedly tied to CEO Changpeng Zhao.
Binance.US Acknowledged Merit Peak Operated on the Platform
Merit Peak is a trading firm managed by Binance CEO Changpeng Zhao, which is reported to have secretly received more than $400 million fund from Binance.US
Merit Peak, Firm at Heart of Reuters Report, Operated on Binance.US, Exchange Admits
Binance.US, the U.S. affiliate of the world’s largest crypto exchange, acknowledged that a market making firm called Merit Peak, which is alleged to have secretly received $400 million from the exchange, operated on its platform.
SHIB/USD Listed by Binance.US
Binance. US, a subsidiary of crypto trading behemoth Binance, has announced that it will delist Kilo Shiba Inu (KSHIB) and list Shiba Inu (SHIB) against the U.S. Dollar (USD) on Feb. 24 at 7:00 a.m. EST.
Binance U.S. To Launch Shiba Inu Trading Against Dollar
Binance.US recently announced that it would introduce a new trading pair for Shiba Inu (SHIB) against the US Dollar (USD) on February 24, 2023.
Voyager-Binance Deal: Customers To Recover 51% Of Pre-Bankruptcy Crypto Assets
Beleaguered crypto lender Voyager Digital received initial court approval to sell its assets to crypto exchange Binance.US for $1.02 billion. If the sale is approved by creditors, customers will recover 51% of crypto assets held before the bankruptcy filing. Moreover, the national security review of the deal is likely to be completed soon.
