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The SEC requested the extension to continue seeking internal approval for a possible resolution, and Binance agreed, citing the benefit to judicial efficiency.
Last updated: April 13, 2025
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Ruholamin Haqshanas
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Ruholamin Haqshanas
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Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
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April 13, 2025 at 11:45 GMT+3
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The U.S. Securities and Exchange Commission (SEC) and cryptocurrency exchange Binance have jointly requested a federal judge to grant a further 60-day pause in their nearly two-year-long legal dispute.
The motion, filed on April 11 in the U.S. District Court for the District of Columbia, highlights ongoing discussions between both parties that could lead to changes in the scope or resolution of the case.
“Since the Court stayed this case, the Parties have been in productive discussions, including discussions concerning how the efforts of the crypto task force may impact the SEC’s claims,” the filing stated.
SEC Seeks More Time to Finalize Binance Case...
https://cryptonews.com/news/sec-and-b...
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