<ul><li>The SEC has dismissed its civil enforcement action against Binance entities and founder Changpeng Zhao.</li><li>The agency filed a joint stipulation with the defendants to dismiss the civil enforcement action with prejudice.</li><li>Binance welcomed the dismissal of the case as a 'huge win for crypto' and stated they did not violate U.S. securities laws.</li><li>The SEC had filed 13 charges against Binance and Zhao in June 2023, alleging securities law violations.</li></ul>

SEC Drops Lawsuit Against Crypto Company Binance and Founder Changpeng Zhao

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