The world’s largest crypto exchange and the Securities and Exchange Commission have agreed to end one of the most consequential—and ongoing—lawsuits in the U.S. against a crypto firm. In a joint filing submitted to a New York federal judge on Thursday, Binance and the SEC asked to dismiss the case.
A spokesperson for the federal regulator did not immediately respond to a request for comment. “We’re deeply grateful to Chairman Paul Atkins and the Trump administration for recognizing that innovation can’t thrive under regulation by enforcement,” said a Binance spokesperson, referring to the current SEC chair.
