The United States Securities and Exchange Commission (SEC) has faced a setback in its attempts to gain access to the software of Binance.US. The judge presiding over the case stated that he was not inclined to allow the inspection at this time. However, he suggested that the SEC should provide more specific requests for discovery and speak with a wider range of witnesses. In other news, the trustee of the now-defunct cryptocurrency exchange Mt. Gox has changed the repayment deadline for the exchange’s creditors to October 2024. Mt. Gox was once one of the largest cryptocurrency exchanges but collapsed in 2014 following a major hack. The trustee now holds a significant amount of Bitcoin, Bitcoin Cash, and Japanese yen, which will be used to repay the creditors. Tether, the company behind the stablecoin USDT, has authorized $1 billion worth of tokens to “replenish” the Tron network. The USDT tokens will be used as inventory to support the network’s liquidity. Meanwhile, FTX, a cryptocurrency exchange, is facing legal action from its debtors who allege that the parents of its CEO, Sam Bankman-Fried, misappropriated funds from the exchange. The debtors claim that Bankman-Fried’s parents enriched themselves at the expense of the creditors. In another development, Grayscale, a digital currency investment company, has filed with the SEC for a new Ether futures exchange-traded fund (ETF). The trust will hold Ether futures contracts with a constant expiration profile and will not require the use of an Ether custodian. Finally, in the cryptocurrency market, Bitcoin is currently priced at $26,525, Ether at $1,590, and XRP at $0.51. The total market cap for cryptocurrencies stands at $1.05 trillion.