SEC Seeks Pause in Fraud Case Against Justin Sun

The U.S. Securities and Exchange Commission (SEC) has requested a 60-day pause in its fraud lawsuit against crypto entrepreneur Justin Sun and his three companies: Tron Foundation, BitTorrent Foundation, and Rainberry. This request comes alongside recent SEC filings aimed at settling cases against major crypto exchanges Coinbase and Binance. The motion seeks a temporary hold on proceedings while both parties explore potential resolutions to the case.