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Message   VRSS    All   SEC Voluntarily Dismisses Lawsuit Against Binance   May 29, 2025
 5:20 PM   

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Title: SEC Voluntarily Dismisses Lawsuit Against Binance

Link: https://yro.slashdot.org/story/25/05/29/21552...

The SEC on Thursday voluntarily dismissed its lawsuit against Binance, the
world's largest cryptocurrency exchange. It brings an end to one of the last
remaining crypto enforcement actions brought by the agency. Reuters reports:
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.
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