The US Securities and Exchange Commission (SEC) asked a federal judge on May 29 to dismiss its civil complaint against Binance and its founder, Changpeng ‘CZ’ Zhao, according to a four-page filing in the District Court docket.
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SEC files dismissal on Binance lawsuit files after two-year securities showdown
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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.
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