Robinhood Delists Three Tokens Named in SEC Lawsuits.
TL;DR Summary
Robinhood will delist Cardano (ADA), Polygon (MATIC), and Solana (SOL) from its trading platform on June 27 after the SEC deemed them unregistered securities. Users who still have these assets in their Robinhood accounts on June 27 will have them automatically sold on the market. The move comes after the SEC filed lawsuits against Binance and Coinbase, referring to these assets as unregistered securities. The Solana Foundation and Cardano development firm IOG have disputed the characterizations of Solana and Cardano as securities.
- Robinhood To Delist Cardano, Polygon, and Solana Tokens Investopedia
- Robinhood Ends Support for All Tokens Named in SEC Lawsuit as Securities CoinDesk
- Robinhood to delist tokens for Solana, Cardano, and Polygon after SEC suits name them as securities Fortune
- Robinhood Markets removes three crypto tokens Reuters
- Robinhood will end support for 3 tokens named in SEC lawsuits Cointelegraph
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