SOL is not a security, says the Solana Foundation Post author:MiamiCrypto Post published:June 11, 2023 Post category:SEC / Solana The SEC has labeled the SOL token as a security in two separate lawsuits filed on June 5 and June 6 against crypto exchanges Binance and Coinbase. You Might Also Like Senate Urged to Swiftly Overturn SEC’s ‘Misguided’ Crypto Rules May 10, 2024 SEC Drops Lawsuit With Prejudice Against Binance and CZ—Case Closed May 30, 2025 Solana NFT Developers Are Killing Digital Llamas August 18, 2021