The U.S. government has appealed a judicial decision that approved the sale of Voyager Digital’s assets to Binance.US, according to a filing on March 9.
Two government agencies filed the appeal: the U.S. Attorney’s Office for the Southern District of New York and the Office of the U.S. Trustee.
Though the current filing does not explain why those agencies appealed the sale, reports from Reuters suggest that regulators are concerned with protecting employees from legal claims that might result from bankruptcy proceedings. They are also concerned about their own ability to enforce regulations due to the judge’s broadly-written approval.
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