Cryptocurrency

SBF extradition pending, Binance.US to acquire Voyager’s assets

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Cryptoverse Biggest News Dec 15 SBF Sent Back To Jail, His Latest Hearings, Binance.US Plans To Acquire Assets Of Bankrupt Crypto Lending Company Voyager , and more in this CryptoSlate Wrapped Daily.

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Crypto influencer Ben Bitboy Armstrong put an end to extradition rumors after a recent court hearing, claiming the SBF was sent back to jail in the Bahamas.

Media reports earlier in the day claimed that the SBF was expected to be handed over to the United States on December 19. But, according to Armstrong, the hearings took a different turn due to a “mysterious incident” that occurred over the weekend of December 16.

According to a December 19th press release, Binance.US plans to purchase the assets of bankrupt crypto lender Voyager Digitals for $1.022 billion.

According to a press statement, Voyager said the bid for Binance.US assets is the best and best offer. The company added that the tender “sets a clear path for Voyager’s customer funds to be unlocked as quickly as possible.”

A press release revealed that the bankrupt lender’s crypto assets were valued at $1.02 billion, with an additional consideration of $20 million in incremental value.

Nigerian MP Babangida Ibrahim said the country is set to allow cryptocurrencies as an investment class in its proposed investment and securities amendment bill, local Punch News reported.

An amendment bill allowing the Nigerian Securities and Exchange Commission (SEC) to recognize cryptocurrencies as investment capital has passed its second public hearing.

The largest unsecured debt in the FTX bankruptcy case amounted to $36.2 million, and none of the top 50 creditors are considered “insiders.”

The total amount owed to the top 50 creditors is approximately $114 million.

Given the billions of dollars of customer funds traded between FTX and Alameda, it’s unclear why the creditor list is so low in comparison.FTX had over 5 million users at its peak. less than 1% of the top 50 creditors.

Biggest Gainers (24 hours)

  • Voyager Token (VGX): +26.44%
  • Binary X (BNX): +16.37%
  • Credit Coin (CTC): +13.9%

Biggest Loser (24h)

  • Kaspa (KAS): -11.84%
  • Radicle (RAD): -11.23%
  • FTX Token (FTT): -11.18%

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