Charles Hoskinson, the founder of Cardano (ADA), expressed confidence that the United States Securities and Exchange Commission (SEC) would not come after ADA, stating that the agency’s actions are politically motivated and unrelated to securities laws.
During a recent YouTube interview, Hoskinson emphasized that there has been no enforcement action taken against Cardano’s native token, ADA, thus far. He pointed out that even though ADA was mentioned as a security in a lawsuit against a crypto exchange, it does not imply that the SEC will target the project.
Source: Charles Hoskinson: U.S SEC Is Not Coming After Cardano – Times Tabloid
