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The U.S. Securities and Exchange Commission filed a motion to dismiss its civil lawsuit against Binance, Binance.US, and their founder Changpeng “CZ” Zhao, effectively ending a two-year legal battle.
The court is expected to close the docket following the SEC’s motion to dismiss, formally concluding the case brought against Binance, Binance.US, and Changpeng Zhao in June 2023.
The U.S. Securities and Exchange Commission and Binance filed a joint motion on May 29, 2025, to dismiss the SEC's 2023 lawsuit alleging securities law violations, following a months-long pause during which the agency’s newly formed crypto task force evaluated digital asset regulation.

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SEC dismisses long-standing legal action against Binance

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