⚠️ SEC Drops Lawsuit: Major Regulatory Win

The U.S. Securities and Exchange Commission officially dropped its lawsuit against Binance and founder Changpeng Zhao (CZ) at the end of May 2025, filing a joint dismissal with prejudice—meaning the SEC can’t refile those charges .

This legal victory follows a 2023 SEC action and comes after Binance resolved a separate $4.3 billion Department of Justice settlement. CZ also stepped down, paid a $50 million personal fine, and served four months in prison for money-laundering violations .

Binance stated its deep appreciation for the crypto‑friendly regulatory environment, especially under the recent U.S. political leadership .#SEC #BigTechStablecoin #CircleIPO #BlackRockETHPurchase