According to ChainCatcher, the U.S. Securities and Exchange Commission (SEC) stated in a document submitted to the court that the SEC requested to modify the motion regarding "third-party crypto asset securities" in the lawsuit against Binance, and the court does not need to make a ruling on whether the allegations of these tokens are sufficient.

The defendants in the case, Binance Holdings Limited, BAM Trading Services Inc., BAM Management US Holdings Inc. and Binance founder Zhao Changpeng, should submit a response agreeing or opposing the motion to modify within 30 days. If the defendant does not object, the SEC will begin further proceedings.