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

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 crypto assets being securities. That’s something crypto community members have argued against in the past.
The total filing was 136 pages long and carried a lot of information. So we dove deep into the securities section of the document ourselves to get an understanding of what cryptocurr

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