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US SEC voluntarily dismisses lawsuit against Binance
US SEC voluntarily dismisses lawsuit against Binance

CNA

time29-05-2025

  • Business
  • CNA

US SEC voluntarily dismisses lawsuit against Binance

The U.S. Securities and Exchange Commission voluntarily dismissed its lawsuit against Binance, the world's largest cryptocurrency exchange, a Thursday court filing shows. A joint stipulation of dismissal signed by lawyers for the SEC, Binance and Binance founder Changpeng Zhao was filed in the Washington, D.C., federal court. The SEC had accused the defendants in 2023 of artificially inflating trading volumes, diverting customer funds, failing to restrict U.S. customers from Binance's platform, and misleading investors about its market surveillance controls. It also accused Binance of unlawfully facilitating trading of several tokens that prior SEC leadership deemed unregistered securities.

US SEC voluntarily dismisses lawsuit against Binance
US SEC voluntarily dismisses lawsuit against Binance

Reuters

time29-05-2025

  • Business
  • Reuters

US SEC voluntarily dismisses lawsuit against Binance

May 29 (Reuters) - The U.S. Securities and Exchange Commission voluntarily dismissed its lawsuit against Binance, the world's largest cryptocurrency exchange, a Thursday court filing shows. A joint stipulation of dismissal signed by lawyers for the SEC, Binance and Binance founder Changpeng Zhao was filed in the Washington, D.C., federal court. The SEC had accused the defendants in 2023 of artificially inflating trading volumes, diverting customer funds, failing to restrict U.S. customers from Binance's platform, and misleading investors about its market surveillance controls. It also accused Binance of unlawfully facilitating trading of several tokens that prior SEC leadership deemed unregistered securities.

An Inside Look at Trump's SEC With Commissioner Hester Peirce
An Inside Look at Trump's SEC With Commissioner Hester Peirce

Bloomberg

time08-05-2025

  • Business
  • Bloomberg

An Inside Look at Trump's SEC With Commissioner Hester Peirce

By and Eric Balchunas Save Listen and subscribe to Trillions on Apple, Spotify, iHeart and the Bloomberg Terminal. During her time as a commissioner at the US Securities and Exchange Commission, Hester Peirce has often been a dissenting voice—especially on all things crypto. Now, as she approaches the official end of her term, her legacy may include an SEC that's more aligned with the positions she championed.

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