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3232Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm
https://www.digit.info/court-approves-btc-loan-for-bankrupt-bitcoin-mining-firm/
Sun, 01 Sep 2024 23:30:19 +0000https://www.digit.info/court-approves-btc-loan-for-bankrupt-bitcoin-mining-firm/Read more]]>Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike Novogratz, has offered to provide Rhodium with a loan of either $30 million in dollars or 500 bitcoin. […]
]]>Binance US Pulls the Plug: Voyager Purchase Deal Falls Through
https://www.digit.info/binance-us-pulls-the-plug-voyager-purchase-deal-falls-through/
Tue, 25 Apr 2023 22:19:56 +0000https://www.digit.info/2023/04/25/binance-us-pulls-the-plug-voyager-purchase-deal-falls-through/Read more]]>According to the now-defunct crypto lender Voyager, Binance US sent a letter to the company “terminating the asset purchase agreement.” While the announcement was “disappointing” for Voyager, the firm maintained that its customers would still be receiving their cash and crypto through a “direct distribution” via the Voyager platform. Voyager’s Asset Purchase Agreement With Binance […]
]]>Despite SEC Objection, Court Greenlights Billion-Dollar Asset Purchase Deal Between Binance US and Voyager
https://www.digit.info/despite-sec-objection-court-greenlights-billion-dollar-asset-purchase-deal-between-binance-us-and-voyager/
Thu, 12 Jan 2023 05:00:48 +0000https://www.digit.info/2023/01/12/despite-sec-objection-court-greenlights-billion-dollar-asset-purchase-deal-between-binance-us-and-voyager/Read more]]>The asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital has reportedly received initial court approval despite objections from various regulators, including the U.S. Securities and Exchange Commission (SEC). Court Lets Binance US Buy Voyager’s Assets The proposed asset purchase deal between the U.S. arm of cryptocurrency exchange Binance (Binance US) and […]
Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike Novogratz, has offered to provide Rhodium with a loan of either $30 million in dollars or 500 bitcoin. […]
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According to the now-defunct crypto lender Voyager, Binance US sent a letter to the company “terminating the asset purchase agreement.” While the announcement was “disappointing” for Voyager, the firm maintained that its customers would still be receiving their cash and crypto through a “direct distribution” via the Voyager platform. Voyager’s Asset Purchase Agreement With Binance […]
The asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital has reportedly received initial court approval despite objections from various regulators, including the U.S. Securities and Exchange Commission (SEC). Court Lets Binance US Buy Voyager’s Assets The proposed asset purchase deal between the U.S. arm of cryptocurrency exchange Binance (Binance US) and […]