• The US government approved the Binance-Voyager deal, relieving Voyager users who had been in limbo for a while.
• Multiple agencies filed motions to block the deal, including the Securities and Exchange Commission (SEC) and Federal Trade Commission (FTC).
• Voyager users expressed relief on social media after the US government approved the acquisition plan.
Binance-Voyager Deal Approved by US Government
The US government finally granted approval to the Binance-Voyager deal, bringing hope to Voyager users who have been in limbo for some time. Despite multiple agencies filing motions to block it, such as the Securities and Exchange Commission (SEC) and Federal Trade Commission (FTC), the proposed deal was accepted. Voyager users expressed their relief on social media, thanking the government for approving it.
Official Committee of Unsecured Creditors’ Announcement
The Official Committee of Unsecured Creditors announced that the resolution would move forward shortly after its approval by a District Court. They did not disclose any further details about it but noted that Voyager and UCC were working with Binance.US to speed up its progress once it is approved.
Voyager Users’ Reactions
After hearing news of its approval, many Voyager users took to social media expressing their gratitude, while others asked when they will be able to access their funds. Some voiced skepticism over whether they would get their crypto back at all or not. Earlier on 97% of them had voted in favor of this takeover, hoping that they would be able to withdraw all assets from bankrupt lender soon enough if successful.
Agencies’ Opposition
Multiple US agencies tried hard to block this acquisition plan due to lack of adequate disclosures made by Binance.US concerning user data protection and other matters pertaining security concerns which could hinder creditors from getting back what is rightfully theirs if anything went wrong due to mismanagement or negligence later on down the line.
Conclusion
In conclusion, despite strong opposition from various agencies against this deal due mainly because of lack of proper disclosure regarding user data protection issues; ultimately after long deliberation period and much needed assurance provided by both parties involved;the US government has now finally given green light tp this acquisition plan which brings great news for voyager user community who can now hopefully return back peacefully without any further delay or hassle what so ever ,allowing them peace of mind knowing their funds are safe with reliable party at helm like binance us .