🚨 Breaking Crypto News! 🚨

The SEC has upped the ante in its lawsuit against Binance, now roping in more tokens like Axie Infinity (AXS), Filecoin (FIL), Cosmos (ATOM), Sandbox (SAND), and Decentraland (MANA) as securities. 🪙

- **Allegations Galore**: Binance and its US arm, BAM Trading, are accused of promoting these tokens as investment opportunities without proper registration.

- **Unregistered Activities**: The SEC claims Binance operated as an unregistered exchange, broker-dealer, and clearing agency.

Is the SEC tying itself in knots? Stuart Alderoty from Ripple thinks so, calling out their "twisted pretzel of contradictions." 🍿

What do you think? Drop your thoughts below! 👇