SEC Amends Complaint Against Binance, Drops Solana Securities Claim in Filing

Jul 30, 2024, 05:41 AM

The SEC has moved to amend its complaint against Binance, opting not to prove that tokens such as Solana are securities, according to a recent filing. This decision is part of a broader strategy to include 'Third Party Crypto Asset Securities' as defined in a recent motion to dismiss. The move indicates a shift in the SEC's approach, potentially affecting other named assets in the initial suit.