The SEC has officially dismissed its lawsuit against Binance with prejudice, ending a major legal battle that had loomed over the crypto industry. Binance hailed the decision as a “huge win for crypto,” crediting SEC Chairman Paul Atkins and President Trump’s administration for shifting away from “regulation by enforcement.”
Originally filed in June 2023, the case accused Binance and ex-CEO Changpeng Zhao of offering unregistered securities and misusing customer funds. Its dismissal marks the end of Binance’s last major U.S. legal threat, following a $4.3 billion settlement last year.
The move reflects a broader regulatory shift under the Trump administration’s second term. The SEC has recently dropped or settled cases involving Coinbase, Ripple, and Kraken while closing probes into Robinhood, Uniswap, and OpenSea.
With new leadership and a focus on constructive crypto regulation, the industry is now gaining momentum toward clearer rules and deeper mainstream adoption.
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