The securities watchdog later dropped several high-profile cases — against firms including Coinbase, Uniswap, and OpenSea, among others during the past few months under the new Trump administration.
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SEC moves to dismiss Binance litigation as agency looks to forge new regulatory path for crypto
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The SEC’s withdrawal of its lawsuit against Binance in May 2025 reflects a broader policy shift under the Trump administration, which has led to the dismissal of multiple high-profile crypto enforcement cases initiated in previous years.
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