The U.S. Securities and Exchange Commission filed a joint stipulation on May 29 with Binance, its related entities and its founder, Changpeng Zhao, to dismiss, with prejudice, the commission’s ongoing civil enforcement action against them.
Is Cryptocurrency Enforcement Dead? SEC Dismisses Another Crypto Action
The SEC’s move is the agency’s latest withdrawal from a series of over a dozen investigations and legal actions against other entities in the digital asset space, including exchanges like Coinbase and Kraken.

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