Texas challenges Voyager and Binance as US deal, court docket filings present


The Texas Securities Fee and banking sector are opposing a proposed deal between Binance.US and bankrupt crypto lender Voyager Digital. present Courtroom filings from February twenty fourth.

In response to paperwork, Binance.US’s phrases of service and restructuring plan contained a variety of “inadequate” disclosures, giving unsecured collectors 24% to 26% restoration as an alternative of 51% below the plan. together with failing to correctly notify you that you could be solely obtain Obtained below Chapter 7. Binance.US Contract disclosed in December Buy Voyage property for $1.022 billion.

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