Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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The SEC and Binance have jointly applied to the court to suspend the lawsuit for 60 days
2025-04-12 00:10:48

Odaily News Former FOX reporter Eleanor Terrett posted on X that the U.S. Securities and Exchange Commission (SEC) and Binance have jointly applied to the court to suspend the lawsuit for another 60 days. According to a recent document, the two sides held "productive" talks, some of which were related to the work of the cryptocurrency task force, and stated that continuing to suspend the lawsuit is in the best interests of all parties.

The court previously required both parties to file a joint status report by April 14, 2025, and the case will be updated again after 60 days.