U.S. Department of Justice Appeals Court Decision Approving $1,300,000,000 Voyager Acquisition

U.S. Department of Justice Appeals Court Decision Approving $1,300,000,000 Voyager Acquisition


The U.S. Department of Justice (DOJ) is appealing a recent court decision that approved Binance.US’ acquisition of embattled crypto lender Voyager Digital.

In a new court filing, the DOJ is appealing New York Judge Michael Wiles’ decision to allow Voyager to sell $1.3 billion worth of assets to Binance.US, the US branch of the world’s largest crypto exchange platform by volume.

The deal also included a $20 million payout to customers of Voyager, which went bankrupt last year after troubled crypto firm Three Arrows Capital (3AC) failed to pay back a loan worth hundreds of millions of dollars.

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Earlier this week, Judge Wiles rejected the U.S. Securities and Exchange Commission’s (SEC) argument that the deal between the two companies should be stopped because it could possibly

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