SEC flags 19 crypto tokens as 'unregistered securities'

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Per BloombergThe SEC flags 19 crypto tokens as "unregistered securities." This comes as the agency is going hard on crypto exchanges like Coinbase and Binance for reportedly listing "unregistered securities."Here are the mentioned tokensADA (Cardano) - Cardano blcokchainALGO (Algorand) - Algorand blockchainATOM (Cosmos) - Cosmos Hub blockchainAXS (Axie Infinity Shards) - Axie Infinity NFT game tokenBNB (Binance Coin) - BNB Chain token (launched by Binance)BUSD (BinanceUSD) - Binance stablecoinCHZ (Chiliz) - Chiliz blockchainCOTI (COTI) - Coti blockchainDASH (Dash) - privacy coin and Bitcoin forkFIL (Filecoin) - Filecoin blockchainFLOW (Flow) - Flow blockchainICP (Internet Computer Protocol) - founded by DFINITY Foundation, investors include a16z and more.MANA (Decentraland) - Decentraland metaverse tokenMATIC (Polygon) - Polygon blockchainNEAR (Near) - Near blockchainNEXO (Nexo) - Nexo crypto exchange's tokenSAND (Sandbox) - Sandbox metaverse tokenSOL (Solana) - Solana blockchainVGX (Voyager) - Voyager crypto exchange's tokenCoinbase and Binance are now being focused on by the SEC as the agency is going after Coinbase for its staking program. The SEC alleges that the crypto exchange operated as an unregistered exchange and broker.The allegations also specified how 13 assets on its platform were crypto securities.Binance's CEO Changpeng Zhao, or CZ, was also sued for breaking US securities. There were reportedly 13 charges filed against the Binance co-founder.See flow at unusualwhales.com/flow.Other News:Coinbase sued by SEC over staking program, alleging it operated as an unregistered exchange and brokerBinance's CZ sued by SEC for breaking US SecuritiesResources:Bloomberg