The US Securities and Stock Exchange Committee (SEC) rejected the lawsuit against Binance, Binance Us and the founder of ChangPeng Zhao (CZ) on May 29, 2025. According to the files of the court’s court files at the US Provincial Court of Colombia, the dismissal was completed through a joint reward by lawyers from both gear.
Chic Chic confirmed this step and highlighted that the legal battle for two years has ended. The US Securities and Stock Exchange Commission, during the era of former President Gary Ginsler, argued that Binance facilitated the circulation of unregistered encrypted symbols led by Solana (Sol), Filecoin (Fil), and Cardano (ADA), among other things.
Earlier this year, Binance and SEC submitted a 60 -day stand on the lawsuit. In the wake of the assertion of the new SEC president, Paul Atkins, the agency moved forward to reject many encryptions that its ancestors started.
Today, the Supreme Education Council rejected his concern against https://t.co/azwoboh0gq.
This result always emphasizes what we have always known: We have not violated the laws of US stock.
– Binance.us
(Binanceus) May 29, 2025
The effects of the lawsuit of the lawsuit
The separation of the lawsuit is a great victory for the broader encryption market, which has suffered from huge attacks in the previous government. As Coinpedia also reported, US Vice President JD VANCE reiterated the Trump administration’s commitment to support the well -being of the cryptocurrency industry and the wider Web3.
After this announcement, BNB PRICE recorded a moderate recovery of about $ 680 at the time of this report. As Coinpedia previously reported, BNB PRICE has formed a continuation of a rise, with a great opportunity to soon enter prices.
In the four -hour time frame, BNB PRICE formed an ascending triangle after re -testing the upscale collapse of the hypotenopher trend that was established earlier this year. The closure that is consistent above the resistance level is about $ 691 will lead to an increase of 700 dollars in the coming weeks.
