The SEC plans to amend the "third-party crypto-asset securities" part of the motion in the lawsuit against Binance

On July 30, the Securities Exchange Commission (SEC) said in a filing with the court that the SEC requested to amend the motion regarding "third-party crypto-asset securities" in the lawsuit against Binance, and the court does not need to rule on the adequacy of the allegations of these tokens at this time. The defendants in the case, Binance Holdings Limited, BAM Trading Services Inc., BAM Management US Holdings Inc. and Binance founder Changpeng Zhao, should submit a response within 30 days to agree or oppose the amendment motion. If the defendants do not object, the Securities Exchange Commission will begin further proceedings.