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US SEC and Binance Request 60-Day Pause In Crypto Lawsuit: Here’s Why
- The SEC and Binance have filed a joint motion to pause the crypto lawsuit for 60 days.
- The SEC's Crypto Task Force, led by Hester Peirce, is cited as a reason for the stay.
- SEC filed the lawsuit in June 2023, alleging unregistered securities and illegal operations.
- The joint motion aims to save resources and may be followed by other crypto litigation cases.
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