At a hearing in Washington on Tuesday, Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia asked the two sides to confer on a possible agreement over the asset freeze, arguing that they were closer to a deal than the rhetoric in their court filings suggested. Judge Jackson ordered them to continue negotiating and to submit a status update by Thursday.
She also expressed skepticism about the S.E.C.’s use of its enforcement powers to regulate the crypto world, calling it “inefficient and cumbersome.”
Source: Binance Spars With U.S. Regulators Over Asset Freeze – The New York Times
