The U.S. SEC wants to amend Binance's complaint! We will not investigate whether SOL, BNB and other tokens are securities for the time being.

This site (120bTC.coM): Although Binance reached a settlement agreement with the U.S. Department of Justice, Treasury and the Commodity Futures Trading Commission (CFTC) for $4.3 billion in November last year, it has not yet reached a settlement agreement with the U.S. Securities Regulatory Commission (CFTC). The lawsuit, which has been litigated by the SEC for more than a year, is still ongoing. The latest news indicates that the SEC intends to amend the complaint and temporarily not investigate whether cryptocurrencies such as Solana (SOL) are securities.

According to court documents filed on Tuesday, the US SEC has notified the defendants (Binance, Binance.US and founder Changpeng Zhao) that the Commission "plans to seek to amend the complaint" to include content related to "third-party crypto asset securities", the SEC emphasized : "The court does not need to rule on the sufficiency of the accusation of these tokens (whether they are unregistered securities) for the time being."

The so-called "third-party tokens" mean those issued by third-party companies other than Binance and listed on Binance. Cryptocurrencies listed for trading.

According to the original complaint of the US SEC, BNB, BUSD, Solana (SOL), Cardano (ADA), Polygon (MATIC), Filecoin (FIL), Cosmos Hub (ATOM), The Sandbox (SAND), Decentraland (MANA), Algorand (ALGO), Axie Infinity (AXS) and COTI (COTI) are all defined as "unregistered crypto-asset securities."

It was originally expected that the judge would examine the role of "third-party tokens" in this lawsuit, but the SEC now seems to have changed its position and intends to withdraw this part of the accusation. Next, the defense must file a response granting or opposing the motion to amend within 30 days. If the defendant does not object, the case will proceed to the next step of litigation.

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