Cardano Foundation (@Cardano_CF): Announcement from the Cardano Foundation

Announcement from the Cardano Foundation The Cardano Foundation regrets to inform our community that we have been served with a lawsuit by the U.S. Securities and Exchange Commission (SEC) on December 8, 2024. In light of this unexpected legal action, we have made the difficult decision to immediately cease all support towards the $ADA token to ensure compliance with regulatory requirements. We understand the impact this may have on our valued community members and stakeholders, and we assure you that we are committed to providing support during this transition. We will be sharing further details regarding the next steps and how we plan to assist all holders of $ADA in the coming days. Thank you for your understanding and support during this time.