The original deadline for the SEC to reply to the brothers’ motion would have been April 6, but it seems the two opposing parties have now come to an agreement and want a little more time to iron out the details of the likely settlement, which is why they’ve jointly requested the SEC’s date to oppose the motion be moved to June 15—the Wahis would then have until July 15 to respond to whatever the SEC puts forward.
Source: SEC, Wahi brothers on the verge of settlement in Coinbase insider trading case – CoinGeek
