SEC Drops Lawsuit Against Binance and CZ “With Prejudice”
The U.S. Securities and Exchange Commission (SEC) has officially dismissed its high-profile lawsuit against Binance and founder Changpeng Zhao (CZ). This historic reversal, filed on May 29, 2025, could mark a major turning point in how digital assets are regulated in the United States.
SEC Ends Legal Battle With Binance: Case Dismissed “With Prejudice”
After nearly two years of intense litigation, the SEC announced it has voluntarily dismissed its case against Binance and CZ with prejudice, meaning it cannot be refiled in the future. The decision was made “in the exercise of discretion,” according to a joint court filing by the SEC and Binance’s legal team.