Robinhood ends support for some tokens named in SEC Lawsuit as securities

Popular trading platform Robinhood has opted to end support for Cardano (ADA), Polygon (MATIC) and Solana (SOL) on June 27th.

The three tokens were named as securities in recent the Securities and Exchange Commission (SEC) lawsuits against Binance and Coinbase.

Users are able to continue trading and transfer of the three tokens on the app until the deadline.

Robinhood currently offers the trading for 15 different crypto currencies, including bitcoin (BTC), ether (ETH), dogecoin (DOGE), and avalanche (AVAX).

Both Solana and Cardano have rejected the claims of the tokens being a security.

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