Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Billionaire Ray Dalio says that FED should not lower rates yet, warns against aggressive relaxation of the monetary policy for the bond market

2025-05-22

Crypto Analyst places Bitcoin price at $ 120,000 if this range breakdown happens

2025-05-22

Solana to get a big design prevention

2025-05-22
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Solana to get a big design prevention

    2025-05-22

    World3 Powers AI-driven Governance on-Chain with Quack AI

    2025-05-22

    Validation Cloud implements AI -Engine on Hedera

    2025-05-22

    Sony announces the Mavet launch of Soneium Blockchain

    2025-05-21

    Nitro Labs launches data anchor to lower the storage costs of Solana

    2025-05-21
  • NFT

    FIFA starts Avalanche L1 to Power Soccer NFT Collectibles Platform

    2025-05-22

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Solana (SOL) strives higher with strong copper support, next stop $ 200?

    2025-05-22

    Bitcoin price reaches new all time above $ 111,000

    2025-05-22

    Analyst predicts huge Bitcoin outburst based on one gold graph, sees the Altcoin market following

    2025-05-22

    Bitcoin price rays to New All Time Bulls takes the lead

    2025-05-22

    Mike Novogratz says that weakening dollars, broadening the shortage and the deteriorating financial situation of America ‘very good’ for Bitcoin and Crypto

    2025-05-21
  • Learn

    What Is a DEX (Decentralized Exchange)?

    2025-05-21

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Regulation»Texas authorities object to Voyager’s disclosure statement in its current form
Regulation

Texas authorities object to Voyager’s disclosure statement in its current form

2022-10-17No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The Texas State Securities Board (SSB) and the Texas Division of Banking (DOB) raised an objection in court docket towards Voyager Digital’s disclosure assertion, questioning the assorted methodologies and calculations used to estimate the honest market worth of the bankrupt trade’s crypto property.

In a pleading filed with the US Chapter Courtroom for the Southern District of New York, the attorneys for the SSB and DOB objected to the order approving the adequacy of Voyager’s amended disclosure assertion. Voyager Digital filed for Chapter 11 chapter in New York in July 2022 whereas proposing a restoration plan for buyers.

The Texas state authorities argued that Voyager’s disclosure assertion, which asserted that collectors may get a 70% return, fails to elucidate the methodology used to calculate the typical coin costs, including that:

“The Debtors (Voyager) have by no means been licensed by the SSB or the DOB and faces very massive fines and penalties for working and not using a license. FTX can be not licensed to do enterprise within the State of Texas.”

The attorneys additional highlighted with the court docket that crypto trade FTX presents a product just like the Voyager Earn Program, a Voyager providing that has been topic to cease-and-desist orders from a number of states within the US.

As a decision, the SSB and DOB search the denial of Voyager’s disclosure assertion in its present kind. Furthermore, it calls for that Voyager discloses the methodology and calculations used to find out its honest market worth for funds restoration.

On Oct. 5, FTX US secured the successful bid for the property of Voyager. In line with Voyager, the bid was made up of the honest market worth of its crypto holdings “at a to-be-determined date sooner or later” estimated to be round $1.3 billion, together with $111 million in “incremental worth.”

See also  Texas Bitcoin Reserve Bill knew the most important legislative obstacles, waiting for the final vote

The listening to date for the case has been slated for Oct. 19 on the time of the writing.

Associated: Senator Warren leads the cost towards power consumption claims on Texas crypto miners

On Sept. 30, the SSB, DOB and the Vermont Division of Monetary Regulation objected to crypto lender Celsius’ plans to dump its stablecoin holdings, arguing that the agency may use the resultant capital to renew working in violation of state legal guidelines.

Celsius reached out to the US Chapter Courtroom for the Southern District of New York, searching for permission to promote its stablecoin holdings, reportedly price $23 million.

Source link

authorities Current Disclosure form object statement Texas Voyagers
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Billionaire Ray Dalio says that FED should not lower rates yet, warns against aggressive relaxation of the monetary policy for the bond market

2025-05-22

Lawyers for Tornado -Contant developer say that federal prosecutors have withheld critical evidence from the court

2025-05-22

Sec -complaint of $ 100 million against tokenized activa company for crypto -effect fraud

2025-05-22

Billionaire Justin Sun To attend the Crypto dinner with President, says he is ‘top holder’ of Trump’s memecoin

2025-05-22
Add A Comment
Leave A Reply Cancel Reply

Top Posts

What caused Ethereum [ETH] disconnect from Bitcoin [BTC]? Details here

2023-05-13

XRP Promises More Profit, But Only If…

2023-06-19

Power SocialFi in one intuitive interface

2024-08-26
Editors Picks

new opportunities for the DePin world

2024-11-06

The regulatory vacuum just sucked $4 billion out of Binance and Coinbase

2023-06-13

PEPE price recovery may be on its way – this is the goal

2025-01-12

Osmose reaches $1 billion monthly volume as interest in Cosmos increases

2024-01-03
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Billionaire Ray Dalio says that FED should not lower rates yet, warns against aggressive relaxation of the monetary policy for the bond market

Crypto Analyst places Bitcoin price at $ 120,000 if this range breakdown happens

Solana to get a big design prevention

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$111,242.251.55%
  • ethereumEthereum(ETH)$2,648.402.17%
  • tetherTether USDt(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.430.29%
  • binancecoinBNB(BNB)$681.192.19%
  • solanaSolana(SOL)$178.572.92%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2398551.99%
  • cardanoCardano(ADA)$0.803.41%
  • tronTRON(TRX)$0.2772911.69%
  • suiSui(SUI)$3.90-3.41%
  • chainlinkChainlink(LINK)$16.752.48%
  • hyperliquidHyperliquid(HYPE)$32.3616.54%
  • avalanche-2Avalanche(AVAX)$25.246.91%
  • stellarStellar(XLM)$0.3006761.55%
  • shiba-inuShiba Inu(SHIB)$0.0000151.41%
  • bitcoin-cashBitcoin Cash(BCH)$434.486.17%
  • hedera-hashgraphHedera(HBAR)$0.2037191.44%
  • unus-sed-leoUNUS SED LEO(LEO)$8.860.67%
  • the-open-networkToncoin(TON)$3.171.38%
  • polkadotPolkadot(DOT)$4.921.89%
  • litecoinLitecoin(LTC)$98.961.20%
  • moneroMonero(XMR)$398.267.85%
  • bitget-tokenBitget Token(BGB)$5.22-0.52%
  • pepePepe(PEPE)$0.000014-0.42%
  • piPi(PI)$0.81-2.31%
  • daiDai(DAI)$1.000.03%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • bittensorBittensor(TAO)$475.708.38%
  • uniswapUniswap(UNI)$6.420.06%
  • aaveAave(AAVE)$255.82-1.02%
  • nearNEAR Protocol(NEAR)$3.053.87%
  • aptosAptos(APT)$5.676.00%
  • ondo-financeOndo(ONDO)$1.022.83%
  • okbOKB(OKB)$52.680.24%
  • official-trumpOFFICIAL TRUMP(TRUMP)$15.533.45%
  • kaspaKaspa(KAS)$0.1171962.77%
  • internet-computerInternet Computer(ICP)$5.612.89%
  • ethereum-classicEthereum Classic(ETC)$19.662.54%
  • render-tokenRender(RENDER)$5.186.84%
  • gatechain-tokenGateToken(GT)$21.770.38%
  • crypto-com-chainCronos(CRO)$0.1001231.54%
  • vechainVeChain(VET)$0.0304403.40%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2496942.98%
  • mantleMantle(MNT)$0.761.49%
  • ethenaEthena(ENA)$0.4159241.90%
  • worldcoin-wldWorldcoin(WLD)$1.5121.42%
  • usd1World Liberty Financial USD(USD1)$1.000.02%
  • arbitrumArbitrum(ARB)$0.4318034.10%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.876.86%
  • bitcoinBitcoin(BTC)$111,242.251.55%
  • ethereumEthereum(ETH)$2,648.402.17%
  • tetherTether USDt(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.430.29%
  • binancecoinBNB(BNB)$681.192.19%
  • solanaSolana(SOL)$178.572.92%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2398551.99%
  • cardanoCardano(ADA)$0.803.41%
  • tronTRON(TRX)$0.2772911.69%
  • suiSui(SUI)$3.90-3.41%
  • chainlinkChainlink(LINK)$16.752.48%
  • hyperliquidHyperliquid(HYPE)$32.3616.54%
  • avalanche-2Avalanche(AVAX)$25.246.91%
  • stellarStellar(XLM)$0.3006761.55%
  • shiba-inuShiba Inu(SHIB)$0.0000151.41%
  • bitcoin-cashBitcoin Cash(BCH)$434.486.17%
  • hedera-hashgraphHedera(HBAR)$0.2037191.44%
  • unus-sed-leoUNUS SED LEO(LEO)$8.860.67%
  • the-open-networkToncoin(TON)$3.171.38%
  • polkadotPolkadot(DOT)$4.921.89%
  • litecoinLitecoin(LTC)$98.961.20%
  • moneroMonero(XMR)$398.267.85%
  • bitget-tokenBitget Token(BGB)$5.22-0.52%
  • pepePepe(PEPE)$0.000014-0.42%
  • piPi(PI)$0.81-2.31%
  • daiDai(DAI)$1.000.03%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • bittensorBittensor(TAO)$475.708.38%
  • uniswapUniswap(UNI)$6.420.06%
  • aaveAave(AAVE)$255.82-1.02%
  • nearNEAR Protocol(NEAR)$3.053.87%
  • aptosAptos(APT)$5.676.00%
  • ondo-financeOndo(ONDO)$1.022.83%
  • okbOKB(OKB)$52.680.24%
  • official-trumpOFFICIAL TRUMP(TRUMP)$15.533.45%
  • kaspaKaspa(KAS)$0.1171962.77%
  • internet-computerInternet Computer(ICP)$5.612.89%
  • ethereum-classicEthereum Classic(ETC)$19.662.54%
  • render-tokenRender(RENDER)$5.186.84%
  • gatechain-tokenGateToken(GT)$21.770.38%
  • crypto-com-chainCronos(CRO)$0.1001231.54%
  • vechainVeChain(VET)$0.0304403.40%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2496942.98%
  • mantleMantle(MNT)$0.761.49%
  • ethenaEthena(ENA)$0.4159241.90%
  • worldcoin-wldWorldcoin(WLD)$1.5121.42%
  • usd1World Liberty Financial USD(USD1)$1.000.02%
  • arbitrumArbitrum(ARB)$0.4318034.10%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.876.86%