the SEC’s part.
The judge reportedly asked the SEC attorney to provide specific arguments and evidence to support their objections to the BinanceUS-Voyager deal. The judge also expressed concern that the SEC’s objections were too vague and lacked substance.
This latest development has sparked speculation among industry experts and analysts about the future of the BinanceUS-Voyager deal. Some believe that the judge’s comments could be a positive sign for BinanceUS, as it suggests that the SEC may not have a strong case against the acquisition.
However, others caution that it is still too early to tell what the outcome of the case will be. The SEC has yet to provide specific arguments and evidence to support their objections, and it remains to be seen whether they will be able to do so in the coming weeks.
Regardless of the outcome, the BinanceUS-Voyager deal has already had a significant impact on the cryptocurrency industry. The acquisition would have given BinanceUS a major foothold in the US market, while also providing Voyager with much-needed funding and resources to expand its operations.
As the case continues to unfold, all eyes will be on the US Bankruptcy Court to see how it ultimately rules on the BinanceUS-Voyager deal.
