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SEC lawsuit: What’s next for Binance?

The SEC has brought a lawsuit against Binance, alleging it mishandled customer funds, sold unregistered securities, and failed to register.

Binance lawsuit adds another 10 cryptos to SEC securities list

The total number of cryptos the SEC classes as securities now totals 61. It added 16 when it charged Terraform Labs with fraud in February.

Coinbase wants the SEC to outline new regulations on crypto and digital tokens but the regulator says it’s completely beyond its statute.

Wire fraud, the most powerful law in crypto, has nothing to do with the SEC. Recent wins by the DoJ show an emerging playbook.