The SEC plans to amend the "third-party cryptocurrency securities" section of the Binance lawsuit documents
ChainCatcher News, the U.S. Securities and Exchange Commission (SEC) stated in a court filing that the SEC requests to amend its motion regarding "third-party crypto asset securities" in the lawsuit against Binance, and the court currently does not need to rule on whether the allegations regarding these tokens are sufficient.
The defendants in the case, Binance Holdings Limited, BAM Trading Services Inc., BAM Management US Holdings Inc., and Binance founder Changpeng Zhao, must submit their responses agreeing or opposing the amendment motion within 30 days. If the defendants do not oppose, the U.S. Securities and Exchange Commission will begin further litigation proceedings.
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