Local judge Faruqui stated that he does not believe the recent efforts made by plaintiff the U.S. Securities and Exchange Commission (SEC) and defendants Binance Holdings, Binance.US, and CEO CZ to resolve the dispute. The joint status report submitted by both parties indicates that neither party is interested in resolving the disputes related to document discovery and testimony. Meanwhile, Paradigm Operations has submitted a non-party statement in support of Binance's motion to dismiss the SEC lawsuit, citing the lack of authority of the SEC in the cryptocurrency industry.
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Judge Faruqui: Doesn’t believe Binance and SEC’s efforts to resolve disputes
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Real Vision founder: I agree with Michael Saylor's view that BTC will become the base layer of multiple assets
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