Federal Judge Dismisses "Wholly Unnecessary" Civil Lawsuit Against Binance and CZ

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Binance Lawsuit Dismissed Following December 2025 Security Incident A federal judge has dismissed a civil lawsuit against Binance and its CEO, Changpeng Zhao, filed by victims of a security incident that occurred in December 2025. The lawsuit was deemed 'wholly unnecessary' as Binance has since restored deposits and withdrawals for the affected Flow Network users. 2 sources 56