According to ChainCatcher, citing Decrypt, court documents reveal that on April 16, Judge Gregory Van Tatenhove of the Eastern District of Kentucky approved a 60-day pause in the lawsuit between the State Attorneys General Alliance and the U.S. Securities and Exchange Commission (SEC) regarding crypto regulation. The reason is that the SEC acknowledged the case might be resolved due to leadership transition. Neither party objected to the motion, and they are required to submit a joint status update within 30 days. Previously, an alliance of 18 states accused the SEC of overstepping its authority in enforcement against crypto companies, claiming it violated the Constitution.
U.S. court approves 60-day suspension of state attorneys general's crypto regulatory lawsuit against SEC
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