Robinhood will finish help for 3 tokens named in SEC lawsuits

Cryptocurrency and inventory buying and selling app Robinhood (NASDAQ:) introduced will probably be ending help for , Polygon and — all tokens labeled as unregistered securities by the US Securities and Alternate Fee (SEC) in its latest authorized actions towards crypto exchanges Binance and Coinbase (NASDAQ:).

In a June 9 replace, Robinhood mentioned it’ll finish help for the three tokens beginning on June 27 following a evaluation. In a Twitter thread, the agency particularly cited the SEC’s actions as causes for the delisting, saying the Coinbase and Binance lawsuits “launched a cloud of uncertainty” across the tokens — the one three within the circumstances that Robinhood supported.

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