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TEXXR

Chronicles

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Filing: the US SEC voluntarily dismissed its 2023 lawsuit against Binance and CZ that accused them of diverting customer funds, misleading investors, and more

The U.S. Securities and Exchange Commission voluntarily dismissed its lawsuit against Binance, the world's largest cryptocurrency exchange, a Thursday court filing shows.

Reuters Jonathan Stempel

Discussion

  • @zacheverson.com Zach Everson on bluesky
    Bunch more in the article, which is free (no paywall) so please read and share.  Thanks!  —  9/
  • @zacheverson.com Zach Everson on bluesky
    ⚖ The SEC dropped its lawsuit against Binance on Thursday, just a week after the crypto exchange started listing Trump's stablecoin.  —  But wait, there's more—  me, for @forbes.com  —  1/
  • @carnage4life Dare Obasanjo on bluesky
    I don't think an industry has gotten this much value from getting a politician elected in our lifetimes
  • @reevesjw John Reeves on bluesky
    At a conference in Abu Dhabi recently, Trump's dodgy crypto firm announced a dubious $2 billion deal with Binance.  —  And today, Trump's SEC dismissed a lawsuit against Binance's crypto exchange.  The corruption is staggering.
  • @binance @binance on x
    Huge win for crypto today. The SEC's case against us is dismissed. Thank you to Chairman Atkins & the Trump team for pushing back against regulation by enforcement. U.S. innovation is back on track - and it's just the beginning.
  • @eleanorterrett Eleanor Terrett on x
    🚨NEW: The @SECGov and @binance have filed a joint stipulation seeking a dismissal in the agency's ongoing litigation against the exchange. [image]
  • @cryptogodjohn Johnny on x
    Binance & CZ back on top
  • @binanceus @binanceus on x
    Today, the SEC fully dismissed its charges against https://binance.us/. This outcome confirms what we have always known: that we did not violate U.S. securities laws.
  • @silvermanjacob Jacob Silverman on x
    Then why did Binance agree to pay a $4.3 billion fine under the Biden admin and its CEO pleas guilty to money laundering charges?