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The U.S. Securities and Exchange Commission (SEC) has expanded its lawsuit against Binance, now naming additional tokens such as Axie Infinity (AXS), Filecoin (FIL), Cosmos (ATOM), Sandbox (SAND), and Decentraland (MANA) as unregistered securities. This move, reported by Cointelegraph, continues the SEC's broader crackdown on the cryptocurrency industry. Ripple's Chief Legal Officer criticized the SEC, stating the agency has 'become a twisted pretzel of contradictions' following its claims that 'crypto asset securities' never applied to tokens listed in the Binance lawsuit.

