SEC Agrees to Drop Lawsuit Against Binance and Founder CZ: Court Filing
Summary
The Securities and Exchange Commission (SEC) has filed to dismiss its lawsuit against Binance and its founder, Changpeng Zhao. The lawsuit, initiated in 2023, accused Binance and its U.S. counterpart of selling unregistered securities, allowing U.S. users access to the main exchange, and commingling customer funds.
