Binance Beats the SEC as Lawsuit Quietly Disappears

In a move that feels like the end of an era, the Securities and Exchange Commission has officially dropped its lawsuit against Binance and founder Changpeng Zhao. The Binance lawsuit was one of the last major battles left from the government’s earlier crackdown on crypto, and now it’s over. Just like that. How We Got.. The post Binance Beats the SEC as Lawsuit Quietly Disappears appeared first on 99Bitcoins.

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May 30, 2025 - 10:03

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In a move that feels like the end of an era, the Securities and Exchange Commission has officially dropped its lawsuit against Binance and founder Changpeng Zhao. The Binance lawsuit was one of the last major battles left from the government’s earlier crackdown on crypto, and now it’s over. Just like that.

How We Got Here

Back in 2023, the SEC came out swinging. They accused Binance of all kinds of shady behavior, things like faking trading volume, letting Americans use platforms they weren’t supposed to, and offering crypto tokens that the agency said should have been registered as securities. On top of that, they said the company was mixing up customer funds in ways that could put people’s money at risk.