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Binance seeks to file motion to dismiss CFTC charges

Published date:

February 2, 2026

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Crypto exchange Binance and its CEO Changpeng Zhao intend to file a motion with the court to dismiss the CFTC’s complaint.

Earlier in March, US watchdog CFTC filed a lawsuit against Binance and Zhao, accusing the exchange of unlawfully offering trading services for cryptocurrencies that the regulatory body considers securities.

JUST IN:#BINANCE CZ PLANS TO SEEK DISMISSAL OF CFTC CHARGES NEW COURT FILING SHOWS.#CRYPTO #BITCOIN pic.twitter.com/4HFgy40jts
— Crypto Macro (@cryptomacro14) July 25, 2023

The latest filing in the CFTC vs Binance dispute revealed that Binance and Zhao will file a joint motion requesting the court to drop the CFTC’s lawsuit against the firm. It stated that Samuel Lim, former Compliance Officer at Binance, will file a separate motion to dismiss CFTC’s charges.

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Binance also requested the court to extend the 15-page limit for the brief where the exchange will list the reasons in support of its motion. Moreover, Binance claimed that the official document can have as many as 50 pages due to the complexity of the case.

The deadline for Binance to file these motions is July 27.

Written by

Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

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How we reviewed this article

All Bitcompare articles go through a rigorous review process before publication. Learn more about our Editorial Process and Risk Warning.

Ayush Pande

Written by:

Ayush Pande

Writer

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

Radica Maneva

Reviewed by:

Radica Maneva

Senior Editor

Radica is a Senior Editor at Bitcompare. She has worked for more than a decade at leading publications as an Editor across various industries, including crypto and finance.

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