The U.S. Securities and Exchange Commission (SEC) intends to seek permission to amend its complaint against Binance to avoid the need for an immediate court ruling on whether certain tokens are securities.
Making these amendments will allow the SEC to temporarily postpone the matter and focus on other aspects of the case.
In essence, the court will not address the legal status of certain tokens.
The document does not explicitly say that the SEC is no longer going to prove that these tokens are securities.
In the case against Binance, the SEC defined SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS and COTI as securities. This amendment may change the definition of these assets.