SEC intends to amend Binance complaint, removing need for ruling on whether tokens are securities ‘at this time’ | Headlines | News | CoinMarketCap
07/30/2024 14:27
The U.S. Securities and Exchange Commission intends to seek an amendment to its original complaint against crypto exchange Binance — potentially …
The Block Crypto News4 minutes ago
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Published on July 30, 2024 07:23 GMT+00:00edited on July 30, 2024 07:24 GMT+00:00
The U.S. Securities and Exchange Commission intends to seek an amendment to its original complaint against crypto exchange Binance — potentially impacting the need for a court ruling on whether or not tokens such as Solana are securities — a Monday filing showed.
In a joint status report submitted on Monday, the SEC said that it hopes to amend its complaint. “The SEC informed Defendants that it intends to seek leave to amend its Complaint, including with respect to the ‘Third Party Crypto Asset Securities’ as defined in the SEC’s Omnibus Opposition to Defendants’ Motion to Dismiss, Dkt. No. 172, obviating the need for the Court to issue a ruling as to the sufficiency of the allegations as to those tokens at this time,” the SEC wrote.
The SEC filed the omnibus opposition in November, …