SEC withdraws lawsuit against Binance!SEC Binance On May 30th, the SEC, Binance, and Zhao Changpeng submitted a joint withdrawal document to the court, ending the regulatory tug of war that had lasted for nearly two years. Previously, Binance was sued for unregistered operations and false statements, and has paid over $4 billion in fines in 2023. After the new chairman Atkins took office, the SEC successively withdrew lawsuits against Coinbase and other entities, sending a signal of leniency.