The SEC officially withdrew its civil lawsuit against the cryptocurrency exchange Binance and its founder Zhao Changpeng (CZ) on May 29, 2025. This withdrawal of the lawsuit is a 'biased revocation', which means that the SEC cannot sue Binance again on the same charges. If CZ had endured two more years until Trump took office, he might not have to serve his sentence, but now CZ does not know whether he will try to return to Binance.