The Polygon (MATIC) team did not remain indifferent to the qualifications received by the SEC and made important statements that closely concern the community.
The Polygon team opposed the US Securities and Exchange Commission’s (SEC) designation of MATIC as a security in the Binance and Coinbase lawsuits. in important statements found. Recently on social media in the statementNote that Polygon is not US-based and that Polygon technology as a whole with MATIC progress was made.
In the details of the statement made by the team, it is especially clear that the project does not have a direct link with the USA. highlighted:
We are proud of the history of the Polygon network, developed and deployed outside of the US and focused on the global community that has supported the network to date. MATIC was a necessary part of Polygon technology from day one, keeping the network secure, and ultimately remains so to this day.
On the other hand, in the statement made by the team, during the current week, important announcements to come. place was given. Especially Monday, June 12 A development is expected to be announced today that will excite the Polygon community.
We rely on the steps we have taken in the past and how focused we are on building the future. We’ll be making exciting announcements this week!
SEC last week Binance And to Coinbase MATIC in both of its lawsuits. securities had defined. Accordingly, the MATIC price around 35% had lost value.
In the last 1 week according to CoinGecko data 27.6% depreciating MATIC, at the time of writing From $0.643 is being traded.