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NEWS: New York regulator oppose Binance US’ $1BN Voyager deal

By Yana Gaur and Tom Wilson

he US Securities and Exchange Commissione and New York’s top financial regulator have opposed Binance US’s $1BN deal to buy defunct crypto lender Voyager, according to court filings, the latest in a string of regulatory moves against crypto firms.

The proposed deal may violate laws on the unregistered offer and sale of securities, the SEC said in a filing on Wednesday. It also cited news reports of US investigations into the global Binance crypto exchange, of which Binance.US is a purportedly independent partner, that mean the deal could become “impossible to consummate.”

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