Vitalik Buterin spoke on how the #SEC has targeted projects like #Solana in its recent actions against Coinbase and #Binance . "I wish all honorable projects a fair outcome in this whole situation," Buterin stated.
#Ethereum co-founder Vitalik Buterin has expressed support for blockchain initiatives such as Solana, which have been targeted in recent SEC enforcement proceedings against cryptocurrency exchanges.
"The one comment I'll make is that I feel bad that Solana and other projects are getting hit in this way,"
Buterin stated in response to a query from Paradigm co-founder Matt Huang on his thoughts on the United States crypto policy.
"They don't deserve it, and if Ethereum ends up 'winning' by kicking all other blockchains off exchanges, that's not an honorable way to win, and probably isn't even a victory in the long run."
The SEC sued Coinbase, Binance, and Binance.US earlier this month, arguing that they all offer trading in tokens that it considers unregistered securities. Over a dozen tokens, including Solana's SOL, Polygon's MATIC, and Algorand's ALGO, were designated by the regulator as unregistered securities.
