The SEC doing its thing and attacking the crypto ecosystem.
The total number of cryptocurrencies that the US securities regulator has accused of being a "security" has now reached an estimated 61, after adding a few more to its lawsuit against crypto exchange Binance.
The 61 cryptocurrencies accused of being a "security" come from years of various litigation undertaken by the Securities and Exchange Commission, which has outlined which cryptocurrencies it considers securities.
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In its most recent case against Binance, the SEC introduced 10 cryptocurrencies into securities classification.