SEC dismisses case against crypto exchange Binance
- The SEC and Binance co-founder Zhao Changpeng filed a joint motion to dismiss the case against Binance with prejudice, meaning it cannot be refiled.
- Binance admitted to anti-money laundering and sanctions violations in a 2023 plea deal, agreeing to pay $4 billion, with Zhao also pleading guilty and being sentenced to prison.
- The Genius Acta bill that aims to create a regulatory framework for stablecoins cleared a procedural hurdle in the Senate last week.
43 Articles
43 Articles
US SEC dismisses lawsuit against Binance crypto exchange
The U.S. Securities and Exchange Commission on Thursday voluntarily dismissed its civil lawsuit against Binance, the world's largest cryptocurrency exchange, extending the regulator's new approach to cryptocurrencies since President Donald Trump reentered the White House.
SEC Drops Binance Lawsuit
The U.S. Securities and Exchange Commission has dropped its lawsuit against Binance, the world’s largest crypto exchange, ending one of the last major crypto enforcement actions initiated during the Biden administration. The SEC and Binance filed a joint stipulation in U.S. District Court for the District of Columbia requesting the dismissal of the lawsuit, which had been paused since February, when both sides sought to facilitate a potential re…
Best Crypto to Buy as SEC Drops Binance Lawsuit
Binance Founder Changpeng Zhao thanked the SEC Chairman Paul Atkins and the Trump team for “pushing back against regulation by enforcement.” The SEC and Binance have filed a joint motion to end a nearly two-year legal dispute, marking yet another backdown in the agency’s dealings with crypto firms. SEC Chair Paul Atkins, a former crypto […] The post Best Crypto to Buy as SEC Drops Binance Lawsuit appeared first on Modern Diplomacy.
SEC Dismisses Lawsuit Against Crypto Exchange Binance - The Thinking Conservative
SEC on May 29 voluntarily dismissed its civil lawsuit against cryptocurrency exchange Binance, following a nearly two-year legal battle. The post SEC Dismisses Lawsuit Against Crypto Exchange Binance appeared first on The Thinking Conservative.
SEC Dismisses Lawsuit Against Crypto Exchange Binance
The Securities and Exchange Commission (SEC) on May 29 voluntarily dismissed its civil lawsuit against cryptocurrency exchange Binance, following a nearly two-year legal battle. A joint stipulation of dismissal was signed by lawyers for the regulator and Binance, as well as Binance founder Changpeng Zhao, and filed in the District Court for the District of Columbia. The SEC said dismissing the litigation—first brought in June 2023—was appropriat…
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