Ripple executives criticized the U.S. Securities and Exchange Commission's handling of cases it brings against the crypto industry.

The SEC said on Tuesday that it plans to change its complaint against crypto exchange Binance regarding "Third Party Crypto Asset Securities," specifically SOL, ADA, FIL, ATOM, SAND, MANA, ALGO, AXS and COTI, according to a court filing.

The SEC has brought several cases against crypto firms over the past year or so, focused on platforms that they say need to be registered while also classifying some cryptocurrencies as securities. The agency sued Binance Holdings and its former CEO Changpeng Zhao last year, accusing the crypto exchange of lying to customers, failing to restrict U.S. investors from accessing Binance.com, misdirecting capital to separated …