Cryptocurrency and inventory buying and selling app Robinhood (NASDAQ:) has sued all tokens labeled as unregistered securities by the U.S. Securities and Alternate Fee (SEC) in a current lawsuit in opposition to crypto exchanges Binance and Coinbase. Polygon (Nasdaq:).

Within the June ninth replace, Robin Hood Stated On account of the evaluate, we might be deprecating 3 tokens beginning June twenty seventh. In a Twitter thread, the corporate particularly stated, Quoted The SEC motion cited the Coinbase and Binance lawsuits as the rationale for the delisting, citing “a cloud of uncertainty” over the token, and focused solely these three Robinhood-backed lawsuits.

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