Polygon and Solana Stand with Cardano: Dismissing SEC’s Allegations and Defending Against Unregistered Securities Claims

Solana Foundation challenges SEC’s classification of SOL token as security in response to recent allegations.
In a tweet, Polygon expressed pride in its global development and launch, showcasing dedication to the global community that contributes to its network.
Following the SEC’s legal actions targeting Binance and Coinbase, which implicated Solana, Cardano, Polygon, and various other tokens, the organizations behind these cryptocurrencies are fiercely responding. These three digital assets stand out as prominent examples within the lawsuits; they are examples of purportedly noncompliant securities traded on cryptocurrency exchanges, according to regulators. 
In the face of these allegations, the organizations are actively pushing back, highlighting the ongoing disputes surrounding the regulatory status of these cryptocurrencies.
Solana Foundation Challenges SEC’s Classification of SOL as a Security
In response to recent allegations made by  U.S. Securities and Exchange Commi

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