The American Commission for Securities and Exchange has officially abandoned its trial for Binance and the co-founder Changpeng Zhao.
A joint request to reject the case was laid Before the Washington Federal Court, DC, May 29.
In addition, he accused Binance of illegally listing tokens such as Solana (Sol) and Cardano (ADA), which the agency classified as titles. The complaint was modified in October 2024 to include additional details.
The last file of the agency confirms that the trial is dismissed “with prejudice”, which means that the SEC cannot re -put the same complaints. The deposit explicitly indicates that this decision is based on “discretion and political matters” and does not define a precedent on the way in which the dry can deal with future cases of application in the cryptographic sector.
The case had been arrested twice in 2025, once in February and again in April, after the launch of a new working group in crypto under the acting president Mark T. Uyeda. The parties indicated that the work of the working group could inform or facilitate a resolution. With this week’s deposit, the SEC has reported its intention to pass actions led by the application of the law to the development of policies.
Binance responded on X, qualifying the dismissal of “great victory for the crypto” and credited President Trump and the current president of the Sec, Paul Atkins
The SEC decision occurs more than a year after Binance has paid criminal charges to the United States Ministry of Justice in November 2023, agreeing to pay $ 4.3 billion and admitting money laundering and offenses to offenses. As part of this agreement, Zhao was sentenced to four months in prison and resigned from his post as chief executive.
The SEC has also interrupted implementing measures against other major cryptography companies in recent months, including those against Coinbase, Consensys and Kraken. This shows a change in policy under the Trump administration, which has strategically placed in the names Pro-Crypto in key influence positions.
