On Monday, the Stocks and Exchange Payment (SEC) made waves in the cryptocurrency sector by submitting a claim versus Binance, its CEO Changpeng Zhao, BAM Trading, and BAM Management. The suit declares that the accuseds misled regulators regarding their procedures and incorporates a variety of allegations. What caught the interest of TechCrunch+ was the SEC's specific stance on certain crypto properties being classified as protections. This article looks into the protections area of the suit to shed light on the cryptocurrencies that the SEC considers securities and also the prospective implications for the broader ecosystem.

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