Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Articles about Cryptocurrency => Topic started by: coinnews on October 21, 2022, 11:01:12 AM
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The Texas State Securities Board (SSB) and the Texas Department of Banking (DOB) filed a legal objection to Voyager Digital's disclosure statement, questioning the numerous procedures and calculations used to determine the fair market value of the insolvent exchange's crypto assets.
The counsel for the SSB and DOB objected to the order recognizing the sufficiency of Voyager's modified disclosure statement in a complaint filed with the US Bankruptcy Court for the Southern District of New York. In July 2022, Voyager Digital filed for Chapter 11 bankruptcy in New York, offering a recovery plan for investors.
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[https://www.coingabbar.com/en/crypto-currency-news-english/texas-officials-object-voyagers-current-disclosure-statement]