A federal judge agreed on Wednesday to suspend lawsuits filed by 18 state attorneys general and a DeFi lobby group against the U.S. Securities and Exchange Commission after all parties noted that the SEC's new leadership was in place, the Internet reported. In November last year, after Trump won the 2024 presidential election, the state attorneys general (all Republicans) filed the lawsuit with the DeFi Education Fund. They accuse federal securities regulators of overstepping their authority when suing cryptocurrency exchanges. In a filing Wednesday, the SEC said the lawsuit could end after Paul Atkins is confirmed as chairman of the new agency. The judge ordered all parties to submit a joint situation report within 30 days, but suspended all deadlines for 60 days. On Wednesday, another lawsuit filed by the DeFi Education Fund, the Texas Blockchain Commission and the Blockchain Association against the Internal Revenue Service (IRS) was also dropped. The lawsuit argues that the IRS's DeFi broker rules exceed the agency's authority. Trump last week signed a resolution passed by the House and Senate under the Congressional Review Act to repeal the rule. In documents filed Wednesday, parties said the lawsuit had become "moot" after Trump signed the resolution.