Odaily Planet Daily News: Lawyers representing Binance and former CEO CZ filed a motion yesterday to dismiss the "amended complaint" submitted by the U.S. Securities and Exchange Commission last month. They stated that the "amended lawsuit" merely "verbally" acknowledged the previous court ruling that crypto assets themselves are not securities, but rejected the logical conclusion of that ruling, which is that "the initial distribution by developers is not a 'securities' transaction long after the asset has been resold in the secondary market." In contrast, the U.S. Securities and Exchange Commission's "amended lawsuit" continues to assert that nearly all transactions involving crypto assets (including blind secondary market resales of tokens) are securities transactions because some buyers may hope the asset's value will appreciate. (Coindesk)