The US Securities and Exchange Commission (SEC) has expanded its list of questionable digital asset companies, according to a press release shared by the regulator.
The list, known as "Public Alert: Unregistered Soliciting Entities" (PAUSE), is for informational purposes and does not presume that the companies on it have broken the law in any way.
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It should be noted that the list includes organizations whose activities, in the regulator's opinion, are questionable. Another criterion is having a name similar to well-known companies, which could lead to confusion.
Some of the examples mentioned by the SEC include SuperBinance and Superfxtrading, as investors could confuse them with crypto exchanges Binance and FTX, which actually have nothing to do with these projects.
According to the regulator, the companies listed on PAUSE provide false information "about ownership, location and registration."