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BTCC / BTCC Square / decryptCO /
SEC Backs Down: Drops Lawsuit Against Binance and CZ in Stunning Reversal

SEC Backs Down: Drops Lawsuit Against Binance and CZ in Stunning Reversal

Author:
decryptCO
Published:
2025-05-29 21:19:31
20
1

SEC Agrees to Drop Lawsuit Against Binance and Founder CZ: Court Filing

Regulators fold their hand—Binance and Changpeng Zhao skate free as the SEC abruptly ends its legal crusade. Another ’win’ for crypto’s too-big-to-fail club.

No fines, no admissions, just another case of watchdogs barking louder than they bite. The ’regulation by enforcement’ playbook hits another snag.

Wall Street’s favorite punching bag (crypto) just scored another TKO—while traditional finance keeps writing the checks.

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