Judge Halts SEC Lawsuit for 60 Days
This is a U.S. news story, published by CoinGape, that relates primarily to Binance news.
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Business & Economics
Just In: US SEC Case Against Binance Paused as Crypto Task Force Reviews Rules
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A U.S. federal judge has paused the Securities and Exchange Commission's ( SEC ) lawsuit against Binance for 60 days .
The decision follows a joint request from both the SEC and Binance citing the establishment of a new task force to review cryptocurrency regulations.
The SEC sued Binance and its founder, Changpeng Zhao , in June 2023 .
Zhao later pleaded guilty to separate criminal charges and stepped down as CEO.
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