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OBJECTION News - Blockchain.News

CRYPTOCURRENCY

SEC Raises Objections to Celsius Network's Restructuring Plan Involving Coinbase
cryptocurrency

SEC Raises Objections to Celsius Network's Restructuring Plan Involving Coinbase

The U.S. Securities and Exchange Commission (SEC) has filed a limited objection to the Chapter 11 restructuring plan of crypto lending platform Celsius Network. The objection, dated September 22, 2023, specifically targets the company's proposed arrangement with Coinbase for distribution services. The SEC is also currently engaged in a lawsuit against Coinbase, adding another layer of complexity to the situation.

Texas Objects to Binance.US and Voyager Digital Deal
cryptocurrency

Texas Objects to Binance.US and Voyager Digital Deal

Texas’ State Securities Board and Department of Banking object to Binance.US's proposed $1.022 billion deal to buy Voyager Digital's assets, citing "inadequate" disclosures.

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