• Voyager has accused FTX of being a hypocrite for objecting to the $1 billion Binance acquisition deal.
• The US Securities and Exchange Commission, Department of Justice, and FTX’s Alameda Research made the deal much more challenging.
• Voyager believes that raising objections to the Disclosure Statement based on spurious and unconfirmed media stories is a transparent effort to undermine the BinanceUS transaction and damage BinanceUS.
Cryptocurrency exchange Binance’s $1 billion asset acquisiton of Voyager has been met with resistance from the United States Securities and Exchange Commission, the Department of Justice, and FTX’s Alameda Research. This was a challenging period for cryptocurrencies, as the collapse of FTX was taking place. Voyager has now responded to the criticisms of its proposal by labeling FTX as a hypocrite.
According to Voyager, FTX’s objections to the Disclosure Statement are based on unconfirmed supposition, which is an effort to undermine the BinanceUS transaction and damage BinanceUS. Voyager believes that FTX’s bid to purchase it was a desperate attempt to cover up balance sheet discrepancies created by fraud. This is why Voyager has labeled FTX as a hypocrite for objecting to the deal.
Voyager’s court files that were released late on January 8 demonstrate that the United States has responded to the criticism of its proposal. The court files include statements from Voyager that explain why its $1 billion proposal to sell assets to Binance was justified. Voyager believes that the objections to its proposal are baseless and that FTX’s attempt to discredit the transaction is hypocritical.
It is clear that Voyager is not happy with FTX’s criticism of its deal. Voyager believes that FTX’s objections are unfounded and that the company is attempting to undermine the deal. This is why Voyager has labeled FTX as a hypocrite for objecting to the Binance acquisition.
The cryptocurrency market is constantly evolving, and it is important for companies to be aware of the risks associated with investing in digital assets. While FTX may be attempting to discredit Voyager’s proposal, it is important to remember that the cryptocurrency market is still new and unpredictable. It is important to be cautious when making any investment, and to do research before investing in any digital asset.
