Binance.US Eyes Expansion After SEC Lawsuit Withdrawal
- Binance.US plans to expand in the US following the dismissal of a 2023 lawsuit by securities regulators.
- The US SEC had filed 13 charges against Binance entities and Changpeng Zhao (CZ) in June 2023, which were dismissed in May after a policy shift.
- The lawsuit led to an 18-month suspension of dollar transactions on Binance.US, severely impacting its market position.
- In late 2023, Binance agreed to pay $4.3 billion for anti-money-laundering violations, with CZ serving a four-month prison sentence and receiving a presidential pardon in October 2025.
- CZ has denied any business ties with the Trump family amid speculation about his potential return to an executive role at Binance.
Following the dismissal of regulatory charges, Binance.US is exploring growth opportunities within the US market. The platform’s previous legal challenges led to significant operational setbacks.
Source (3.2)https://cryptobriefing.com/binance-us-expansion-sec-withdrawal/?rand=59535
