Voyager at Risk of Losing $100 Million Due to Legal Objections by US Government
According to court documents, Voyager and its creditors may be at risk of losing $100 million if the legal objections raised by the US government are not resolved by April 13. In a lawsuit, Voyager's creditors state that there is clear evidence that they will suffer significant losses if a $1 bil ...
US Authorities Terminate $1 Billion Deal Between Voyager and Binance.US Cryptocurrency Exchange
Following a prolonged period of legal disputes, the US government has successfully halted a $1 billion deal between cryptocurrency lender Voyager, which filed for bankruptcy in July 2022, and the Binance.US cryptocurrency exchange. The decision was made by U.S. District Court Judge Jennifer Reard ...
Cryptocurrency Market Update: Fed Decision Impacts Bitcoin and Altcoins
Over the past week, the crypto community was captivated by the speech of the US Federal Reserve System's leadership. The decision made by the financial regulator has left an impact on the crypto industry, and its ramifications are worth examining in detail. Bi ...
Ripple’s XRP Surges to Highest Value Since 2022 Amid SEC Lawsuit Settlement Prospects
The price of Ripple's XRP has surged to $0.49 per digital coin, marking its highest value since November 2022. This sudden growth is attributed to the increased likelihood of Ripple settling the SEC lawsuit against it. Interestingly, this chance came about in a third-party case involving the bank ...
Judge Rejects US Government Proposal to Delay $1B Deal Between Voyager and Binance.US
In the Southern District of New York, a $1 billion deal between Voyager and Binance.US has been the subject of much legal debate. The US government had originally proposed a hold on the deal, citing concerns that the agreement would indemnify Voyager and its employees from potential tax or securi ...
Authorities Ban Binance from Selling Assets of Bankrupt Crypto Lender Voyager
The U.S. arm of cryptocurrency exchange Binance has been prohibited by U.S. authorities from selling the assets of bankrupt crypto lender Voyager until major legal objections have been addressed. The Southern District of New York Attorney, Damian Williams, has stated that the approval of the deal ...
