Binance Lawsuit Paused as SEC Reviews Crypto Regulation
2025-02-14
Category: None

Court: N.D. California 
Case: 3:23-cv-05038
A federal judge has paused the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Binance for 60 days as the regulator reviews crypto regulations. The new SEC task force, led by Commissioner Hester Peirce, could influence the case's outcome.
Meanwhile, FTX clients filed a lawsuit against Binance and its CEO Changpeng Zhao, accusing them of intentionally crashing FTX to monopolize the crypto market. You can find more details about it here and stay updated on any future changes.