A billion-dollar deal by BinanceUS to buy the assets of bankrupt investvoyager should be put on hold, a U.S. government legal filing argues. jackschickler reports.
said. “Nothing in the Bankruptcy Code permits courts to exculpate parties from liability to the Government for past and future conduct.”
Williams said approval of the deal should be put on hold – or at least those parts which limit the government’s ability to enforce the law – until appeals are dealt with in higher courts.of arguments from the Securities and Exchange Commission that Voyager’s VGX token might be an unregistered security.
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