According to FOX reporter Eleanor Terrett, Binance and the SEC have just filed a joint motion to suspend the agency's case against the trading platform for 60 days, citing the potential impact of the SEC's new cryptocurrency task force on the case.
The work of this working group could influence and contribute to the potential resolution of this case.
After the 60-day deadline, the two sides plan to issue a joint status report to determine whether it is necessary to continue the suspension of negotiations. Eleanor Terrett expects to see other non-fraud cases (namely Ripple, Coinbase and Kraken, among others) follow suit.
FOX reporter: Binance and SEC jointly request suspension of Binance's case review for 60 days
2025-02-11 04:58:04
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
