The SEC Drops Lawsuit Against Binance US, Files for Joint Motion

Description

The SEC and Binance.US filed a joint motion today to finish the ongoing legal battle between the two parties. The two entities have been negotiating for several months, but this represents a significant breakthrough.

Authors

Landon Manning

Publish date

May 29, 2025

Publisher

BeInCrypto

Web URL

https://beincrypto.com/sec-dismiss-binance-us-lawsuit

Referenced by

SEC dismisses long-standing legal action against Binance

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News story

This outcome confirms what we have always known: that we did not violate U.S. securities laws.

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Quote

The SEC filed a lawsuit against Binance, Binance.US, and founder Changpeng Zhao on June 5, 2023, in the US District Court for the District of Columbia. The complaint included 13 charges, alleging violations of federal securities laws.

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