**SEC Expands Lawsuit Against Binance**

The SEC has broadened its lawsuit against Binance, the major crypto exchange, adding more tokens to its list of alleged securities. The updated filing now includes Axie Infinity (AXS), Filecoin (FIL), Cosmos (ATOM), Sandbox (SAND), and Decentraland (MANA).

The SEC accuses Binance and its US arm, BAM Trading, of promoting these tokens as investment opportunities without proper registration. The regulator claims Binance operated as an unregistered exchange, broker-dealer, and clearing agency, failing to disclose risks and legality issues to users.

This move is part of the SEC's ongoing effort to regulate the crypto industry.