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RE: LeoThread 2025-05-30 12:16

in LeoFinance4 months ago

The SEC was the last major regulator still pursuing Binance after a $4.3 billion settlement with the U.S. government last year that saw Zhao plead guilty and step down as CEO, while avoiding jail time and retaining much of his wealth.

The agency's motion to dismiss was granted with prejudice, meaning the SEC can't refile the same claims.

Commissioner Hester Peirce, speaking with CNBC in Las Vegas, said the move reflects a shift toward clearer rulemaking after years of ambiguity.