NYDFS SAYS “NO REASONABLE BASIS” TO THINK BINANCE WILL RECEIVE NY BITLICENSE WITHIN SIX MONTHS

In submitting its Objection to the Third Amended Plan of Reorganization of bankrupt crypto firm Voyager, DFS argues that New York account holders of Voyager are disadvantaged in the plan and should be able to obtain their holdings much sooner, and not after acquisition of them by Binance, because “there is no reasonable basis for Voyager to expect that Binance US will obtain New York licensing approval within six months.” (fn.15) The objection is here: 1579000-1579039-nys objection.