According to Bloomberg's report, the US regulator SEC accused Binance and its CEO, CZ, of violating securities laws and sued.
CZ, who was the first to respond to this, stated that the news was FUD and said, "We will publish a response when we see the SEC's complaint. We haven't seen it yet."
When the SEC's lawsuit was examined, the SEC claimed that some altcoins are securities besides BNB and BUSD.
These altcoins included SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI.
The SEC filed the following statement in its complaint:
“Binance has made it possible to trade on crypto assets offered and sold as investment contracts and thus securities after being active on the market.
Apart from BNB, BUSD, these cryptocurrencies, which are securities, also include SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS and COTI. "
In this regard, the SEC accused Binance of providing trading for securities such as BNB, BUSD, SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS and COTI.
BNB, which experienced a decrease of about 5% after the news of the lawsuit, continues to trade at $ 284 at the time of writing.
*Not investment advice.
