SEC Drops Lawsuit Against Binance

Ok, so get this... The U.S. money cops, the SEC, basically dropped their big lawsuit against Binance. You know, that huge crypto exchange? Yeah, the biggest one in the world.

A court paper filed kinda quietly on Thursday showed that the SEC, Binance, and the guy who started Binance, Changpeng Zhao, all signed off on getting rid of the case. It was filed in the court down in Washington, D.C.

Remember last year? The SEC was pretty mad at them. They said Binance was making it look like there was way more trading happening than there really was. Plus, they were accused of playing around with customer's money, letting US folks use their platform even though they shouldn't have, and not being straight with investors about how they were watching the market. They also said Binance was letting people trade certain digital coins that the old bosses at the SEC thought were actually unregistered stocks. Wild, right?