Lawn against Binance falled after the SEC withdrawal complaints

The US stock exchange supervisory authority SEC has officially ended its legal dispute with the KryptoBörse Binance and thus completed an important chapter in the regulation of platforms for digital assets.
A court file submitted in Washington, DC, confirmed that the SEC voluntarily withdrawn its lawsuit, which was originally directed against Binance and his founder Changpeng Zhao.
The file was signed by the legal representatives of both sides and marks an amicable agreement to terminate the procedure.
The lawsuit, which was first submitted in 2023, accused Binance a number of violations, including the inflation of commercial activities, the improper management of customer funds, the granting of inadmissible access to the global platform for US users and the wrong presentation of its internal compliance procedures.
The focus of the lawsuit was also allegations that Binance had enabled the trade in certain tokens that the SEC had previously classified as non -registered securities.
The dismissal of the lawsuit does not necessarily mean that bony has been acquitted of any misconduct, but it signals the end of one of the most prominent enforcement measures in the SEC against a crypto company. The authority has not yet given a public statement on its decision to stop the procedure.