A US bankruptcy judge has criticized the Securities and Exchange Commission (SEC) for delaying crypto lender Voyager Digital's proposed sale to Binance.US. The SEC has raised concerns about Voyager's compliance with US securities law and has not given a definitive answer on whether the sale violates this law. The judge criticized the regulator for "asking to stop everybody in their tracks" without providing specifics on its concerns. The sale, valued at $1.3 billiion based on current crypto prices, cannot go ahead until it has final approval from the SEC and the Committee on Foreign Investment in the United States.
