CandleFocus SEC Gets Involved in 5 More Altcoins: Claims They Are Securities
2024-09-13
Author: Content Editor
The U.S. Securities and Exchange Commission (SEC) has expanded its lawsuit against cryptocurrency exchange Binance, adding more digital assets to its claims as securities. The SEC now includes tokens such as Axie Infinity, Filecoin, Cosmos, The Sandbox, and Decentraland as unregistered securities. The regulatory filing states that Binance and BAM Trading facilitated the trading of these securities and promoted them as investment opportunities, thereby increasing their liability. The SEC has been permitted to file an amended complaint against Binance and its CEO Changpeng Zhao.
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