SEC Hits Binance Hard For Operating Illegally: Now Claims These Token As Security

The post SEC Hits Binance Hard For Operating Illegally: Now Claims These Token As Security appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission (SEC) has escalated its legal action against Binance, a leading cryptocurrency exchange. The SEC now classifies several tokens, such as Axie Infinity Shards, Filecoin, Cosmos’ ATOM, Sandbox, and Decentraland, as securities, widening the scope to include more claims. However, this expansion follows a recent update where the SEC clarified …