Crypto’s Sun, SEC Seek ‘Pause’ in Case Against Entrepreneur (2)

Lawyers for Justin Sun and for the US Securities and Exchange Commission are seeking a stay in the regulatory proceedings against the crypto entrepreneur.

According to the Wednesday filing, “the Parties submit that it is in each of their interests to stay this matter while they consider a potential resolution and agree that no party or non-party would be prejudiced by a stay.”

The request, which follows a similar pause in the case against Binance Holdings Ltd., is the latest example of a dramatic shift in the regulatory climate for digital assets in the US since the inauguration of ...