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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The SEC Drops Lawsuit Against Binance US, Files for Joint Motion
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The SEC’s original legal action sought remedies including injunctive relief, disgorgement of Binance’s profits, and civil monetary penalties.
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