US DOJ Appeals Binance.US’s Acquisition Of Voyager’s Assets

Twitter icon  •  Published för 2 månader sedan  •  Hassan Maishera

The United States Department of Justice has appealed the acquisition of Voyager’s assets by Binance.US.


  • The US DOJ has appealed Binance.US’s acquisition of Voyager’s assets.
  • The appeal comes a day after the deal was approved by New York’s bankruptcy court.

Binance.US’s Voyager Deal Is Still Unraveling

The United States Department of Justice's Trustee Office has filed an appeal against Binance.US’s proposed acquisition of bankrupt crypto lender Voyager Digital's assets.

The appeal comes roughly 24 hours after New York's bankruptcy court signed off on Binance.US' plan to purchase Voyager's distressed assets. The United States government is working hard to ensure the billion-dollar deal doesn’t go through.

During the hearing, Judge Michael Wiles said;

"Things have to be done. We have creditors who are waiting and who, in the midst of all of this uncertainty, have no access to the property in which they’ve invested, in some cases, their life savings, so we have to take some kind of action. 

The DOJ is not the only government body that is against this deal. Last month, the Securities and Exchange Commission (SEC) filed an objection to the deal, citing a potential violation of federal securities laws through the unregistered operation of a securities exchange.

Binance remains the world’s leading cryptocurrency exchange, with a daily trading volume of over $25 billion. Binance’s continued expansion globally and more positive Binance reviews ensure that the cryptocurrency exchange further cements its place as the world’s leading digital asset trading platform.


Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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