SEC Objects to Binance.US' $1B Voyager Acquisition Deal, Says Lender May Have Bought Unregistered Securities

• The SEC is investigating whether or not Binance.US, Voyager, and associated entities have violated federal securities legal guidelines.
• The company pointed to Voyager’s VGX token as a probably unregistered safety.
• The SEC additionally expressed concern about doable safety points at Binance.US.

The US Securities and Trade Fee (SEC) has filed an objection to Binance.US’ intention to accumulate over $1 billion of belongings belonging to bankrupt crypto lender Voyager.

In line with the submitting submitted to the U.S. Chapter Courtroom for the Southern District of New York, the SEC is formally investigating whether or not Binance.US, Voyager, and different associated entities violated the antifraud, registration, and different provisions of the federal securities legal guidelines.

Particularly, the SEC expressed issues associated to Voyager’s incapacity to elucidate the way it’s going to have the ability to…

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