Sec Intervenes In Binance Us Acquisition Of Ban... May 2026

: The SEC and New York regulators formally opposed the deal, arguing it might involve the sale of unregistered securities .

While the Voyager deal was abandoned, the broader legal battle between the SEC and Binance reached a significant turning point recently: SEC Intervenes in Binance US Acquisition of Ban...

The in Binance.US's proposed $1.02 billion acquisition of bankrupt crypto lender Voyager Digital led to the deal's eventual collapse in April 2023. Timeline of SEC Intervention : The SEC and New York regulators formally

: A federal judge temporarily halted the acquisition to allow the U.S. government more time to pursue legal challenges against the restructuring plan. SEC Intervenes in Binance US Acquisition of Ban...

: The SEC filed a "limited objection" to the deal, citing a lack of information regarding Binance.US's ability to fund the purchase and how it would secure customer assets.