Summary
- The SEC has announced that it requested to extend the response deadline for Cumberland DRW's motion to dismiss to March 21st.
- The SEC explained that the launch of the cryptocurrency task force could impact the case.
- The SEC's request for an extension was similarly utilized in the Binance lawsuit.
According to cryptocurrency-focused media outlet Cointelegraph on the 11th (local time), the United States Securities and Exchange Commission (SEC) has requested the court to extend the deadline for responding to Cumberland DRW's motion to dismiss from the original date of February 19th (local time) to March 21st. The SEC has requested the extension, stating that the recently launched cryptocurrency task force (TF) could impact the case. Previously, the SEC had requested a 60-day suspension of the Binance lawsuit, citing that the TF could influence the case.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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