๐ฅ๐๐ข๐ง๐๐ง๐๐ ๐๐๐จ๐ซ๐๐ฌ ๐๐๐ซ๐ญ๐ข๐๐ฅ ๐๐๐ ๐๐ฅ ๐๐ข๐๐ญ๐จ๐ซ๐ฒ ๐ข๐ง ๐๐๐ ๐๐๐ฐ๐ฌ๐ฎ๐ข๐ญ ๐๐ฆ๐ข๐ ๐๐ง๐ ๐จ๐ข๐ง๐ ๐๐๐ ๐ฎ๐ฅ๐๐ญ๐จ๐ซ๐ฒ ๐๐๐ซ๐ฎ๐ญ๐ข๐ง๐ฒ๐ฅ
Binance, the worldโs largest cryptocurrency exchange by trading volume, has achieved a significant legal milestone with the recent dismissal of several key allegations in the ongoing lawsuit filed by the U.S. Securities and Exchange Commission (SEC). This development represents a partial legal win for Binance in its broader battle against regulatory pressure in the United States.
Key Legal Update:
SEC Lawsuit Overview: In June 2023, the SEC sued Binance and its CEO Changpeng Zhao (CZ), accusing the platform of operating an unregistered securities exchange, commingling customer funds, and offering unregistered securities, among other charges.
Dismissal Ruling: On June 14, 2025, a U.S. District Court judge dismissed several of the SECโs major claims, particularly those tied to the classification of BNB (Binance Coin) and certain staking services as securities. The judge cited insufficient legal grounding for these allegations under the current definition of investment contracts.
What Remains: While the dismissal weakens the SECโs case, claims related to potential violations of anti-fraud provisions and certain compliance failures will still proceed to court. Binance must continue defending itself against these remaining charges.
Market Impact: Following the ruling, BNB surged by 4.8%, trading above $670, reflecting investor optimism and reduced legal uncertainty.
