Cryptocurrency exchange Kraken and the U.S. Securities and Exchange Commission (SEC) submitted a joint proposal on December 23 to extend the deadline for submitting objections to document disclosure disputes until March 31, 2025.

Previously, Judge Illman dismissed Kraken's request for three categories of documents, including documents related to Bitcoin and Ethereum, the SEC's public statements on digital assets, and internal trading policies. Kraken plans to resubmit a narrower document request in accordance with the court's order. Attorney Matthew C. Solomon, who successfully defended Ripple's CEO, has joined Kraken's legal team.