Did SEC Withdraw Securities Claim On Solana, Cardano, Polygon?

Solana, Cardano, and Polygon are just three of several tokens that the SEC said should have been classified as unregistered securities in its case against Binance. (Credit: Pixabay)

KEY POINTS

• The SEC said in its latest filing that it wants to amend its Binance complaint, including on altcoins
• Among the crypto tokens the SEC initially wanted to tag as securities in its Binance case were $SOL, $ADA, and $MATIC
• A DeFi lawyer said the filing doesn't fully clarify whether the tokens in question were deemed securities or not

The U.S. Securities and Exchange Commission (SEC) has hinted in a filing as part of its case against cryptocurrency exchange titan Binance that it may hold off on declaring "altcoins" as unregistered securities, at least for now.