# SEC Litigation Release LR-26316

> Civil enforcement action · 2025-05-29

## Defendants

Binance Holdings Limited; BAM Trading Services Inc.; BAM Management US Holdings Inc.; Changpeng Zhao

## Related filings

Joint Stipulation to Dismissal and Releases


## Key facts

- **Release number:** LR-26316
- **Release date:** 2025-05-29
- **Defendants:** Binance Holdings Limited; BAM Trading Services Inc.; BAM Management US Holdings Inc.; Changpeng Zhao

## Primary sources

- SEC HTML release: https://www.sec.gov/litigation/litreleases/2025/lr26316.htm
- Primary PDF: https://www.sec.gov/files/litigation/litreleases/2025/stipulation-dismissal-26316.pdf
- Litigation releases index: https://www.sec.gov/litigation/litreleases

## What this is

SEC Litigation Releases are the canonical "civil enforcement" docket. The SEC files civil actions in federal court against individuals and entities for securities-law violations — fraud, insider trading, Ponzi schemes, registration violations, misleading disclosures, market manipulation. Each release announces a filing, a settlement, or a final judgment. Activist funds, plaintiff lawyers, and investigative journalists use this archive as the most-comprehensive index of US securities enforcement.

## Citation

> US Securities and Exchange Commission, Litigation Release LR-26316 (2025-05-29), Binance Holdings Limited; BAM Trading Services Inc.; BAM Management US Holdings Inc.; Changpeng Zhao. Retrieved via AI Analytics 2026-07-16 from https://api.ai-analytics.org/sec-litigation/26316.

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