Robinhood has already delisted their Crypto offerings, seems like their security-claims have reached their goal with no Court victory at all.

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Robinhood has already delisted their Crypto offerings, seems like their security-claims have reached their goal with no Court victory at all.

Robinhood has already delisted their Crypto offerings, seems like their security-claims have reached their goal with no Court victory at all.

It is clear what the goal of the SEC was after all of those lawsuits being filed in during the past day, it was to create a lot of uncertainty around the Crypt market and they kind of failed at it if you look on the price charts as we nearly completely recovered from the price drop caused by this news

But that can not be said definitively as there have been shockwaves over the whole world from this news. One example where this news had actual influence may be Robinhood, yes the online stock exchange that nearly no one trusts after their scams in 2021.

UPDATE: Just after wirting this post, Robinhood had confirmed to indeed delist all of those SEC-named securities, while nothing has actually been proven yet

Now they are starting to review their few Crypto offering and could very likely end up taking them out. With that the SEC would have reached their goal of restricting Crypto usage and accessibility for the retail. All of that without actually winning one lawsuit, just their announcements that could very likely just prove to be wrong in front of court have done that.

UPDATE: Those assets have indeed been delisted now, once again with no court-approval to the illogical SEC claims in some parts. Seems like their word and FUD about Crypto had actual effects with no legitimization through court.

submitted by /u/partymsl
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