
The SEC has decided to temporarily set aside its allegations that SOL, ADA, and MATIC are unregistered securities in its lawsuit against Binance, as stated in a recent court filing. This amendment delays a court ruling on these tokens, though they may still face future scrutiny. The SEC's original June 2023 lawsuit includes 13 charges against Binance and CEO CZ, such as commingling funds and evading securities laws. Some charges have been dismissed, but others remain, with the continuation of the case now hinging on an agreement regarding the discovery schedule between the SEC and Binance.
Source: Decrypt