{"id":4227,"date":"2025-02-16T14:53:07","date_gmt":"2025-02-16T14:53:07","guid":{"rendered":"https:\/\/usatrustedlawyers.com\/blog\/sec-binance-seek-60-day-pause-in-crypto-litigation\/"},"modified":"2025-02-16T14:53:07","modified_gmt":"2025-02-16T14:53:07","slug":"sec-binance-seek-60-day-pause-in-crypto-litigation","status":"publish","type":"post","link":"https:\/\/usatrustedlawyers.com\/blog\/sec-binance-seek-60-day-pause-in-crypto-litigation\/","title":{"rendered":"SEC, Binance Seek 60-Day Pause in Crypto Litigation"},"content":{"rendered":"\n<div data-v-e97bc92c=\"\">\n<div data-v-e97bc92c=\"\">\n<p>The U.S. Securities and Exchange Commission and Binance asked the U.S. District Court for the District of Columbia Monday evening for a 60-day stay of the litigation over the agency\u2019s allegation that the crypto exchange inflated trading volumes, diverted customer funds and misled investors about its market surveillance controls.<\/p>\n<\/div>\n<p>  <!----> <!----> <!----><\/p>\n<div data-v-e97bc92c=\"\">\n<p>\u201cOn January 21, 2025, new SEC Acting Chairman Mark T. Uyeda launched a crypto task force dedicated to helping the SEC develop a regulatory framework for crypto assets,\u201d both sides wrote in the motion. \u201cThe work of this task force may impact and facilitate the potential resolution of this case. Accordingly, the SEC proposed a brief stay to defendants, and the defendants agreed that a stay is appropriate and in the interest of judicial economy.\u201d<\/p>\n<\/div>\n<p> <!----> <!----> <!----> <!----><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Securities and Exchange Commission and Binance asked the U.S. District Court for the District of Columbia Monday evening for a 60-day stay of the litigation over [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4228,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[4685,3574,878,1130,1888,762,550],"class_list":["post-4227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lawyers","tag-60day","tag-binance","tag-crypto","tag-litigation","tag-pause","tag-sec","tag-seek"],"_links":{"self":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/4227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=4227"}],"version-history":[{"count":0,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/4227\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media\/4228"}],"wp:attachment":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=4227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=4227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=4227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}