Voyager Digital, a bankrupt crypto lender, defends its $1 billion deal with Binance. They say that criticism and opposition to this deal by FTX affiliate Alameda Research are just hypocrisy. Voyager further says that filings against this deal are based on unverified speculation.
It is noteworthy that the hearing for this $1 billion deal is set for January 10. In addition to the opposition from FTX, the US Securities and Exchange Commission also raised concerns regarding this deal. The SEC’s limited opposition filing says that key details about this deal and disclosure statements are missing.
The US Department of Justice and various state-based regulators also oppose this deal. Voyager says that the DoJ and other regulators have ignored facts and figures before raising the issue of the requirement for a disclosure statement. He thinks that what the regulators did was a clear attempt to hurt this deal.
