Texas' State Securities Board and the Department of Banking are objecting to a proposed deal between Binance. US and bankrupted crypto lender Voyager Digital, shows a court filing from Feb. 24.

Investment manager ARK has added a total of around $13.2 million worth of Coinbase (COIN) shares.

A $1.02 billion deal by Binance.US to purchase assets of defunct crypto lender Voyager has been opposed by New York and Federal finance regulators, who said in Feb. 22 filings it could prove discriminatory and unlawful.

U.S. Congress should hold an inquiry into Binance.US over its connection to Merit Peak, according to statements from a senator quoted by Reuters on Feb. 17.

At present, in-trouble crypto exchange, Binance is facing regulatory heat. It is alleged that Binance transferred $400 million from its Binance.US account to a company reportedly tied to CEO Changpeng Zhao.

Merit Peak is a trading firm managed by Binance CEO Changpeng Zhao, which is reported to have secretly received more than $400 million fund from Binance.US

Binance.US, the U.S. affiliate of the world’s largest crypto exchange, acknowledged that a market making firm called Merit Peak, which is alleged to have secretly received $400 million from the exchange, operated on its platform. 

Binance. US, a subsidiary of crypto trading behemoth Binance, has announced that it will delist Kilo Shiba Inu (KSHIB) and list Shiba Inu (SHIB) against the U.S. Dollar (USD) on Feb. 24 at 7:00 a.m. EST.

Binance.US recently announced that it would introduce a new trading pair for Shiba Inu (SHIB) against the US Dollar (USD) on February 24, 2023.

Beleaguered crypto lender Voyager Digital received initial court approval to sell its assets to crypto exchange Binance.US for $1.02 billion. If the sale is approved by creditors, customers will recover 51% of crypto assets held before the bankruptcy filing. Moreover, the national security review of the deal is likely to be completed soon.