🚨🚨 BINANCE Lawsuit got DISMISSED By US SEC What Will Happen Next? 🚨🚨
After nearly three years of legal back-and-forth, the US Securities and Exchange Commission (SEC) is shutting down its case against Binance. Both parties have submitted a joint filing, bringing the long-running Binance lawsuit to a close.
The US SEC Voluntarily Ends Binance Lawsuit
Early reports trickling in reveal that the US SEC is bringing down the curtains on its lawsuit against Binance and its founder, Changpeng Zhao.
According to a Reuters report, the SEC has reached an agreement with Binance to voluntarily dismiss the drawn-out case.
Parties formally filed a joint stipulation of dismissal in a US federal court in Washington, signed by their legal representatives. Going forward, the SEC’s decision to call a truce on the Binance lawsuit signals an end to the era of crypto regulation by enforcement.
"Huge win for crypto today. The SEC’s case against us is dismissed.
Thank you to Chairman Atkins & the Trump team for pushing back against regulation by enforcement. U.S. innovation is back on track – and it’s just the beginning.
— Binance (@binance) May 29, 2025"
In a separate statement, the Commission described the dismissal as appropriate, tagging it an exercise of its discretion. The court filings reveal that the SEC’s dismissal is with prejudice, limiting the securities watchdog from reopening the case against the largest cryptocurrency exchange.
Back in 2023, the SEC accused Binance of breaching US capital market laws, listing tokens the Commission deemed securities. Furthermore, the SEC alleged that the exchange mishandled customer funds and illegally inflated trading volumes.
The lawsuit dismissal follows a streak of regulatory and innovation wins by the exchange, with Binance recently unveiling a new real-time trading feature.