SEC Adds AXS, FIL, ATOM to List of Securities, Expanding Binance Lawsuit
Article is form Jinse
September 13, 2024
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The US Securities and Exchange Commission (SEC) has broadened its lawsuit against Binance, expanding the scope of its claims. The SEC's updated legal documents now classify additional tokens as securities, including Axie Infinity, Filecoin, and Cosmos.
In the latest update to the SEC's lawsuit against Binance, the regulatory body accuses Binance and its US affiliate BAM Trading of facilitating trading of tokens now considered unregistered securities. The SEC alleges that the Binance platform actively promoted these newly recognized security tokens to customers, highlighting their potential investment returns.
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