The SEC has filed an amended complaint in the Binance lawsuit.
The complaint emphasizes the currencies listed on Binance including the BNB token.
The agency maintains that Binance acts as an unregistered securities platform.
The U.S. Securities and Exchange Commission (SEC) has filed an amended complaint in its ongoing lawsuit against Binance, focusing on the exchange’s listing process and other key areas. This follows a judge’s earlier rejection of some of the complaints in the initial lawsuit.
The amended filing emphasizes secondary BNB sales and the Binance Simple Earn program; points the judge did not fully address in her earlier ruling. The SEC also reiterated its stance on classifying ten digital assets as “securities,” claiming Binance operated as an unregistered securities platform.
SEC Targets Binance’s Role in Crypto Markets
The SEC highlighted Binance’s influence in listing and promoting digital assets, which it maintains are securities. The agency stated that the exchange plays an “integral part” in these markets, disseminating information and amplifying issuer and promoter statements. The filing read:
“The PAC also bolsters allegatio…
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