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.

Event date

May 29, 2025

Quotes that support claims

The SEC filed to dismiss its 2023 lawsuit against Binance, its founder, and sister company.

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.

Tags

Week 22 of 2025