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SEC files dismissal on Binance lawsuit files after two-year securities showdown – TON BOT

SEC files dismissal on Binance lawsuit files after two-year securities showdown

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The US SEC requested to dismiss its civil complaint against Binance and CZ. The case was paused for 60 days to review SEC crypto task force impact. Binance cooperated with SEC order for transparency. Binance called the dismissal a win. Future enforcement would require a new complaint. The SEC had accused Binance of being an unregistered securities exchange. Binance denied wrongdoing. Parallel criminal investigations concluded with Binance pleading guilty to violations. Zhao served four months in prison.

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