US Securities and Exchange Commission and Binance Seek 60-Day Pause in Ongoing Legal Case.
ByAinvest
Saturday, Apr 12, 2025 11:00 pm ET1min read
TASK--
The SEC and Binance have jointly requested a 60-day extension to pause their ongoing legal case, citing productive discussions tied to the SEC's Crypto Task Force. The parties seek time to allow the SEC to develop a regulatory framework for the crypto market, potentially impacting the SEC's claims against Binance. This motion builds upon a similar request made in February 2023. The case alleges Binance offered unregistered securities and operated illegally within US borders.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet