SEC, Gemini Request Two-Month Pause in Lawsuit as ‘Potential Resolution’ in the Works

A potential resolution could be coming soon in the long-running lawsuit between the U.S. Securities and Exchange Commission (SEC) and Gemini over the crypto company’s Earn product.

The two submitted a joint request to the U.S. District Court for the Southern District of New York on Tuesday to consider a 60-day pause in the case as they consider a potential resolution.

Source: SEC, Gemini Request Two-Month Pause in Lawsuit as ‘Potential Resolution’ in the Works