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The U.S. Department Justice has appealed a court order approving Voyager Digital's bankruptcy plan, creating a new hurdle for the crypto lender's plan to sell its assets The United States Department of Justice filed an appeal against the approval by a New York judge allowing a billion-dollar sale of assets from Voyager Digital to The United States Department of Justice (DOJ) has filed an appeal to review a New York judge’s decision to approve the sale of bankrupt crypto lender Voyager’s The U.S. Department of Justice's Trustee Office filed an appeal against Binance.US' acquisition of bankrupt crypto lender Voyager Digital's assets roughly one day after New York bankruptcy The Chapter 11 plan would have allowed Voyager Digital to sell billions of dollars in assets to Binance.US in an effort to regain liquidity to pay back customers. In court The U.S. Department of Justice (DOJ) filed an appeal late Thursday evening challenging a bankruptcy court judge’s decision to allow Binance.US’ billion-dollar plan to Earlier this week, United States Bankruptcy Judge Michael Wiles gave Voyager a green signal to sell over $1 billion of its assets to Binance.US. However, it did not

U.S. DOJ Files Appeal Against Binance.US Acquiring Voyager: What's Next?

The proposed acquisition of Voyager Digital's assets by Binance.US has hit a significant snag. The U.S. Department of Justice (DOJ) has filed an appeal, throwing the planned sale into uncertainty and raising questions about the future of Voyager's bankruptcy proceedings.

This appeal stems from a bankruptcy court judge's previous decision, where United States Bankruptcy Judge Michael Wiles gave Voyager the go-ahead to sell over $1 billion of its assets to Binance.US. This Chapter 11 plan would have allowed Voyager Digital to sell billions of dollars in assets to Binance.US in an effort to regain liquidity to pay back customers. However, The U.S. Department of Justice (DOJ) filed an appeal late Thursday evening challenging a bankruptcy court judge’s decision to allow Binance.US’ billion-dollar plan to proceed.

The U.S. Department of Justice's Trustee Office filed an appeal against Binance.US' acquisition of bankrupt crypto lender Voyager Digital's assets roughly one day after the New York bankruptcy court's initial approval. This action signals the DOJ's concerns regarding the acquisition, and the appeal will now be reviewed.

The U.S. Department of Justice has appealed a court order approving Voyager Digital's bankruptcy plan, creating a new hurdle for the crypto lender's plan to sell its assets. The United States Department of Justice filed an appeal against the approval by a New York judge allowing a billion-dollar sale of assets from Voyager Digital to Binance.US. The United States Department of Justice (DOJ) has filed an appeal to review a New York judge’s decision to approve the sale of bankrupt crypto lender Voyager’s assets, putting the entire deal in jeopardy.

This development adds another layer of complexity to Voyager's already convoluted bankruptcy case. The outcome of the DOJ's appeal will significantly impact Voyager's creditors and the broader crypto market. Stay tuned for updates as this story unfolds.

Earlier this week, United States Bankruptcy Judge Michael Wiles gave Voyager a green signal to sell over $1 billion of its assets to Binance.US. However, it did not guarantee the sale's completion, as this recent appeal demonstrates. The court will now need to address the DOJ's concerns before the acquisition can move forward.

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