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Following a change of heart, the SEC intends to withdraw allegations against certain third-party assets, including SOL, in ongoing Binance Lawsuit.

Altcoin holders across the crypto markets breathed a sigh of relief following a key change in the SEC’s case against Binance, the industry’s largest crypto exchange.

On July 30, 2024, the U.S. Securities and Exchanges Commission indicated its intention to withdraw allegations against third-party crypto assets, including leading altcoins like SOL.

While approval of the SEC’s request means that SOL won’t be classified as a security in the Binance case, the Solana faithful aren’t completely out of the woods just yet.
2 months ago

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