The United States Securities and Exchange Commission (SEC) has categorized at least 61 cryptocurrencies as securities, impacting approximately $100 billion worth of tokens in the market. The recent lawsuit against Binance added 10 cryptocurrencies to the securities classification, including BNB, Binance USD, Solana, Cardano, Polygon, Cosmos, The Sandbox, Decentraland, Axie Infinity, and COTI. Notable cryptocurrencies previously labeled as securities by the SEC include XRP, LBRY Credits (LBC), and Algorand. This development extends the SEC's regulatory authority to cover around 10% of the total crypto market capitalization, equivalent to over $100 billion. SEC Chair Gary Gensler has expressed the view that "everything other than Bitcoin" falls within the agency's purview as a security.