The first thing I saw when I woke up was a flood of news about "Market news, relevant documents show that the US SEC has taken action to modify its lawsuit against Binance, trying to no longer prove that SOL and other tokens are securities." I thought I was wasting time sleeping, and if it was true, it would be a big positive, so I quickly went to look up the original article.

Original address: courtlistener.com/docket/6747454…

There is indeed such a paragraph in the latest court documents

“ SEC’S PROPOSAL The SEC informed Defendants that it intends to seek leave to amend its Complaint,including with respect to the “Third Party Crypto Asset Securities” as defined in the SEC’s Omnibus Opposition to Defendants’ Motion to Dismiss, Dkt. No. 172, obviating the need for the Court to issue a ruling as to the sufficiency of the allegations as to those tokens at this time. The parties met and conferred and have agreed to the following proposed schedule for briefing on a motion to amend and related pleadings”

Translated into Chinese, the SEC notified the defendants that it intends to seek permission to amend its complaint, including the section regarding "third-party crypto asset securities" (File No. 172) defined in the SEC's consolidated opinion opposing the defendants' motion to dismiss, thereby eliminating the need for the court to rule on the sufficiency of the allegations regarding these tokens at this time. The parties met and negotiated and agreed to the following proposed schedule for arguing the motion to amend and the related complaint.

This is also what makes everyone excited. On the surface, it means that the part of Document No. 172 that third-party crypto assets are securities has been revoked. This part does not require a court ruling. Of course, this does not mean that these crypto assets are not securities. And what crypto assets are mentioned in Document No. 172? Does it include $SOL?

I went to check Document No. 172 again. The original address is: courtlistener.com/docket/6747454…

Then I saw that the crypto assets that the SEC sued Binance for in Document No. 172 included $BNB $BUSD, and then there were no more. In layman's terms, the cryptocurrencies that the SEC sued in Document No. 172 were only#BNBand #BUSD, but it was indeed mentioned in the document that #Binancelater added other crypto asset securities, including SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI (collectively referred to as "third-party crypto asset securities")" According to the "third-party crypto asset securities defined in the comprehensive opinion on the motion to dismiss" described by the SEC this time, the prosecution of these tokens included was indeed withdrawn, but the prosecution and evidence that these tokens are securities were not prosecuted in this case. It did not withdraw the prosecution and investigation into whether these tokens are securities.

In fact, it has nothing to do with SOL or any other token. There is no question of SOL not being a security, and the case of Coinbase actually suing SOL as a security was filed.

In fact, the full text basically states that the SEC and Binance have reached a settlement, and Binance will probably be fined, but the specific details will take some time to be announced.

PS: In order to verify it again and again, I also read the tweets of more than 50 excellent American information sources, and none of them reported on this matter. It can basically be determined that it is false information.

Finish