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Judge and Creditor Testify for 8 Hours on Broker’s Proposal to Sell Assets to Binance.US

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It is reported that the judge and creditor gave eight hours of testimony on the broker\’s proposal to sell assets to Binance.US. Judge Michael Wiles still hasn\’…

Judge and Creditor Testify for 8 Hours on Brokers Proposal to Sell Assets to Binance.US

It is reported that the judge and creditor gave eight hours of testimony on the broker’s proposal to sell assets to Binance.US. Judge Michael Wiles still hasn’t made a decision on the restructuring agreement. The hearing will continue on Friday in the United States Bankruptcy Court in the South District of New York.

The hearing on the sale of assets by Voyager to Binance.US will continue on Friday

Analysis based on this information:


The recent news reports that Judge Michael Wiles and a creditor gave eight hours of testimony on a broker’s proposal to sell assets to Binance.US. The hearing took place in the United States Bankruptcy Court in the South District of New York. However, Judge Michael Wiles still hasn’t made any decision on the restructuring agreement. The hearing is set to continue on Friday.

The testimony given by the judge and creditor is a clear indication that the court is taking this matter seriously. The broker’s proposal to sell assets to Binance.US is not something that can be decided without careful consideration. This proposal could have significant implications for the shareholders of the company, the creditors, and the future restructuring of the company.

The eight-hour testimony by the judge and creditor suggests that they were thoroughly questioned and cross-examined by the court. This indicates that the court is attempting to gain a complete understanding of the situation before making any decisions. It is encouraging to see that the court is dedicated to giving every party a fair hearing before any judgment is made.

It is understandable that Judge Michael Wiles has not yet made a decision regarding the restructuring agreement. It is a complicated matter that requires all parties to be heard and all proposals to be carefully considered. The hearing will continue on Friday, indicating that the court needs more time to make a well-informed decision.

In conclusion, the testimony given by the judge and creditor on the broker’s proposal to sell assets to Binance.US is an essential step in the court’s decision-making process. The hearing will continue, and it is expected that the court will make a well-informed decision that is fair to all parties involved. This process can be time-consuming, but it is crucial to ensure a just outcome.

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