The supplemental declaration from the Texas regulators is attached to an objection to the sale of Voyager Digital assets to FTX filed by the Office of the Texas Attorney General also on Oct. 14. In that objection, the state claims that Voyager Digital and FTX are not in compliance with Texas law and that “the proposed sale, or order approving the sale, attempts to limit the Debtors’ liability for unlawful […] conduct for which state-regulatory fines and penalties may apply.” Specifically, according to the objection, Voyager Digital conducted unlicensed money transmissions, as it was not registered as a securities dealer in Texas.
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Source: Cryptocurrency - investing.com
