SEC claims BNB and BUSD are securities, including major tokens like SOL, ADA and MATIC

TechCrunch
By Jacquelyn MelinekJun 5, 2023, 3:30 pm131 pts
On Monday, the SEC filed a lawsuit against Binance and CEO Changpeng Zhao, as well as BAM Trading and BAM Management, for lying to regulators about operations, among other charges. While the suit raised eyebrows across the industry, what stood out to TechCrunch+ was the agency’s direct stance on a handful of…

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