martes, 11 de febrero de 2025

Corte de EE.UU. suspende caso SEC vs. Binance por 60 días

 Un tribunal de EE.UU. aprobó una moción para suspender por 60 días el caso de la Comisión de Bolsa y Valores (SEC de acuerdo con sus siglas en inglés) contra Binance. La decisión responde a un acuerdo entre ambas partes para formar un equipo de trabajo que facilite la resolución del caso.

Este movimiento marca el primer gran avance en litigios sobre criptomonedas desde que Mark Uyeda asumió como presidente interino de la SEC. 

Un representante de Binance comentó: 

"Estamos agradecidos con el presidente interino Uyeda por su enfoque reflexivo para garantizar que los activos digitales reciban el enfoque legislativo y regulatorio adecuado en esta nueva era dorada de blockchain en los Estados Unidos y en todo el mundo. El caso de la SEC siempre ha carecido de mérito y estamos ansiosos por dejar esto atrás y continuar nuestro enfoque en mantener a Binance como el intercambio más seguro, licenciado y confiable del mundo."

Lo que debes saber:

  • ¿Qué pasó? La noche del 10 de febrero, un tribunal de EE.UU. aprobó una moción conjunta de la SEC y Binance para pausar el caso por 60 días.
  • ¿Por qué? Ambas partes acordaron formar un equipo de trabajo para facilitar una posible resolución del caso.
  • ¿Qué sigue? Al finalizar el período de suspensión, se presentará un informe con avances y se evaluará si se extiende la pausa.

¿Por qué es importante?

  • La pausa abre la puerta a una resolución ágil y negociada en lugar de un litigio prolongado.
  • Refleja un posible cambio de tono en la regulación de activos digitales en EE.UU.
  • Binance refuerza su postura de colaboración con los reguladores, lo que podría impactar la confianza del mercado en el exchange.

Case 1:23-cv-01599-ABJ-ZMF Document 296 Filed 02/10/25 Page 1 of 4

UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF COLUMBIA


   ) 

SECURITIES AND EXCHANGE )
COMMISSION, )
)
Plaintiff, )
)
v. ) No. 1:23-cv-01599-ABJ-ZMF
)
BINANCE HOLDINGS LIMITED, )
BAM TRADING SERVICES INC., )
BAM MANAGEMENT US HOLDINGS )
INC., AND CHANGPENG ZHAO, )
)
Defendants. )
______________________________)

JOINT MOTION TO STAY

Plaintiff Securities and Exchange Commission (“SEC”) and Defendants Binance
Holdings Limited, BAM Trading Service Inc., BAM Management US Holdings Inc., and
Changpeng Zhao (collectively, the “Parties”) jointly move to stay this case for a period of 60
days.
A district court has “broad discretion to stay proceedings as an incident to its power to
control its docket.” Clinton v. Jones, 520 U.S. 681, 706 (1997). A district court considers three
factors when deciding whether to stay a case: “(1) harm to the nonmoving party if a stay does
issue; (2) the moving party’s need for a stay—that is, the harm to the moving party if a stay does
not issue; and (3) whether a stay would promote efficient use of the court’s resources.” Center
for Biological Diversity v. Ross, 419 F. Supp. 3d 16, 20 (D.D.C. 2019).
Here, the Parties believe a brief stay is warranted. On January 21, 2025, new SEC Acting
Chairman Mark T. Uyeda launched a crypto task force dedicated to helping the SEC develop a
Case 1:23-cv-01599-ABJ-ZMF Document 296 Filed 02/10/25 Page 1 of 4
Case 1:23-cv-01599-ABJ-ZMF Document 296 Filed 02/10/25 Page 2 of 4
regulatory framework for crypto assets.1 The work of this task force may impact and facilitate
the potential resolution of this case. Accordingly, the SEC proposed a brief stay to Defendants,
and the Defendants agreed that a stay is appropriate and in the interest of judicial economy. As
this is a joint motion, there is no prejudice to any party here, and a stay could save the Parties
resources because, if an early resolution could be reached, it would obviate the need to continue
merits discovery. Further, this brief stay will promote the efficient use of the Court’s resources,
as a resolution would obviate the need for the Court to resolve Defendants’ pending Motions to
Dismiss the Amended Complaint. See Dkt. Nos. 285, 287. Finally, the proposed stay is limited
in duration and interferes with no current Court-issued deadlines. See Belize Soc. Dev. Ltd. v.
Gov’t of Belize, 668 F.3d 724, 731-32 (D.C. Cir. 2012) (noting that stays of “indefinite duration”
are disfavored). At the end of the 60-day stay period, the Parties propose that they will submit a
joint status report, including whether a continuation of the stay is warranted.
Accordingly, the Parties respectfully request that this Court grant this Joint Motion to
Stay.
1SEC Crypto 2.0: Acting Chairman Uyeda Announces Formation of New Crypto Task Force,
available at https://www.sec.gov/newsroom/press-releases/2025-30.
Case 1:23-cv-01599-ABJ-ZMF Document 296 Filed 02/10/25 Page 3 of 4
Dated: February 10, 2025
s/ Matt Gregory
Daniel W. Nelson (D.C. Bar #433415)
Jason J. Mendro (D.C. Bar #482040)
M. Kendall Day
Amy Feagles
Matt Gregory (D.C. Bar #1033813)
Jeremy M. Christiansen (D.C. Bar #1044816)
GIBSON, DUNN & CRUTCHER LLP
1700 M Street, N.W.
Washington, D.C. 20036-4504
(202) 887-3687 (Nelson)
DNelson@gibsondunn.com
Attorneys for Defendant Binance
Holdings Limited
s/ Daniel J. Davis
Daniel J. Davis (D.C. Bar #484717)
KATTEN MUCHIN ROSENMAN LLP
1919 Pennsylvania Ave NW
Washington DC 20006
daniel.davis@katten.com
Christian T. Kemnitz
Levi Giovanetto (D.C. Bar #1001160)
David Luger
KATTEN MUCHIN ROSENMAN LLP
525 W. Monroe Street
Chicago, IL 60661
christian.kemnitz@katten.com
levi.giovanetto@katten.com
david.luger@katten.com
George S. Canellos
Matthew Laroche
MILBANK LLP
55 Hudson Yards
New York, NY 10001-2163
212-530-5792
gcanellos@milbank.com
mlaroche@milbank.com
Attorneys for Defendants BAM Trading Services
Inc. and BAM Management
US Holdings Inc.
Respectfully submitted,
s/ Matthew Scarlato
Matthew Scarlato (D.C. Bar No. 484124)
Jennifer L. Farer (D.C. Bar No. 1013915)
David A. Nasse (D.C. Bar No. 1002567)
SECURITIES AND EXCHANGE
COMMISSION
100 F Street, NE
Washington, DC 20549-9040
(202) 551-3749 (Scarlato)
scarlatom@sec.gov
Elisa S. Solomon
J. Emmett Murphy
SECURITIES AND EXCHANGE
COMMISSION
100 Pearl Street
New York, NY 10004
Rachel Yeates
SECURITIES AND EXCHANGE
COMMISSION
1961 Stout Street, Suite 1700
Denver, CO 80294
Attorneys for Plaintiff Securities and
Exchange Commission
Case 1:23-cv-01599-ABJ-ZMF Document 296 Filed 02/10/25 Page 4 of 4
s/ Avi Perry
William A. Burck
Avi Perry
QUINN EMANUEL URQUHART &
SULLIVAN, LLP
1300 I Street, NW, Suite 900
Washington, DC 2005
Tel.: (202) 538-8120 (Burck)
williamburck@quinnemanuel.com
aviperry@quinnemanuel.com
Emily Kapur
QUINN EMANUEL URQUHART &
SULLIVAN, LLP
555 Twin Dolphin Dr.
5th Floor
Redwood Shores, California 94065
Tel: (650) 801-5122
emilykapur@quinnemanuel.com
Attorneys for Defendant Changpeng Zhao

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