Robinhood To Delist Cardano, Polygon, and Solana Tokens

1.Robinhood (HOOD) has decided to delist certain crypto assets from its trading platform after the Securities and Exchange Commission deemed them unregistered securities.

2.Cardano (ADA), Polygon (MATIC), and Solana (SOL) will be delisted after being named in SEC lawsuits filed this week against crypto exchanges Binance and Coinbase (COIN). The lawsuits are part of a broader SEC effort to regulate cryptocurrency

important for holder 🔴

3.Users who still have ADAM, MATIC, or SOL in their Robinhood accounts on June 27 will have those assets automatically sold on the market.

4.The move by Robinhood comes days after these three crypto assets were referred to as unregistered securities by the SEC in lawsuits against Binance and Coinbase

stay tuned for more updates 🔥