U.S. Securities and Exchange Commission (SEC) and Justin Sun jointly filed a request on February 26, 2025, to pause ongoing legal proceedings in order to pursue settlement negotiations, with Sun’s legal team suggesting the discussions could lead to a resolution without further litigation

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Feb 26, 2025 - 12:00am

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While Sun was fighting to have the SEC’s case dismissed, on Feb. 26, Sun and the SEC jointly filed a request to pause the legal battle to allow for settlement negotiations. Sun’s legal team said that the negotiations could open a path to resolution without further litigation.