🚨 BREAKING: SEC Drops Lawsuit Against Binance! The War Is Over? 💣
After nearly two years of legal chaos, billions in fines, and a CEO stepping down — the SEC is officially dropping its lawsuit against Binance. This could be one of the biggest regulatory reversals in crypto history.
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🔔 On May 29, the SEC, Binance, and Changpeng Zhao jointly filed a motion to dismiss the case — with prejudice — meaning it can’t be reopened.
📉 Originally filed in June 2023, the SEC accused Binance of violating securities laws and mishandling user funds. But under the new Trump-led administration, priorities have shifted.
👉 The SEC is now backing off multiple crypto lawsuits — not just Binance. They’ve settled or dropped actions against Coinbase, Kraken, Consensys, and more. Even investigations into Circle, Immutable, and OpenSea are being abandoned.
Binance called the dismissal a "huge win for crypto" and thanked Donald Trump and SEC Chair Paul Atkins for ending “regulation by enforcement.”
Could this signal a new era for crypto in the U.S.? 🇺🇸🪙
Let me know what you think in the comments.