Judge Amy Berman Jackson placed the case on a 60-day pause in February after both sides told the court that a new SEC crypto task force led by Commissioner Hester Peirce might ‘impact and facilitate’ the litigation’s resolution.
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SEC files dismissal on Binance lawsuit files after two-year securities showdown
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The U.S. Securities and Exchange Commission and Binance filed a joint motion on May 29, 2025, to dismiss the SEC's 2023 lawsuit alleging securities law violations, following a months-long pause during which the agency’s newly formed crypto task force evaluated digital asset regulation.
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