Sunday, June 1, 2025
No Result
View All Result
DOLLAR BITCOIN
Shop
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet
DOLLAR BITCOIN
No Result
View All Result
Home Altcoin

Solana Co-Founder Sued for Allegedly Stealing ‘Millions of Dollars’ Worth of Crypto Staking Rewards: Report

n70products by n70products
December 29, 2024
in Altcoin
0
Solana Co-Founder Sued for Allegedly Stealing ‘Millions of Dollars’ Worth of Crypto Staking Rewards: Report
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


A co-founder of Ethereum (ETH) rival Solana (SOL) is reportedly going through a lawsuit for allegedly misappropriating the revenue earned from his former spouse’s crypto holdings.

Bloomberg reports that Elisa Rossi has filed a grievance with the San Francisco Superior Court docket accusing her ex-husband Stephen Akridge of stealing thousands and thousands of {dollars} price of staking rewards gained from her Solana tokens.

Staking rewards are just like curiosity earned from a financial institution deposit. Crypto holders who take part within the staking course of lock their property for a sure interval to validate blockchain transactions and earn extra tokens as a reward. 

The grievance says the dispute began after Akridge and Rossi filed for divorce in February 2023. Rossi alleges that from early March to mid-Might, Akridge operated and managed the accounts in challenge and obtained the entire SOL token commissions. 

Rossi says that Akridge, who served as principal engineer at Solana and is now the CEO of California-based cybersecurity firm Cyber Grant, “took benefit of the numerous disparity in experience in cryptocurrencies and blockchain that he possessed.”

The worth of the tokens in dispute is blacked out within the swimsuit however Rossi says a major sum is concerned. She is searching for damages for claims and contends that Akridge engaged in breach of contract, unjust enrichment and fraud. 

Do not Miss a Beat – Subscribe to get electronic mail alerts delivered on to your inbox

Examine Price Action

Comply with us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Get Alerts

Disclaimer: Opinions expressed at The Each day Hodl are usually not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal danger, and any losses you could incur are your accountability. The Each day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Each day Hodl an funding advisor. Please be aware that The Each day Hodl participates in affiliate internet marketing.

Generated Picture: Midjourney





Source link

Tags: AllegedlyCoFounderCryptoDollarsMillionsREPORTRewardsSolanaStakingStealingSuedWorth
Previous Post

Bitcoin Taker Buy/Sell Ratio Witnesses Notable Spike — Is A Price Surge Imminent?

Next Post

Dogecoin Price Could Soar To $23 Based On These Bullish Fractals

Next Post
Dogecoin Price Could Soar To $23 Based On These Bullish Fractals

Dogecoin Price Could Soar To $23 Based On These Bullish Fractals

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Premium Content

SEC Announces Creation of New Cyber and Emerging Technologies Unit (CETU) To Complement Crypto Task Force

SEC Announces Creation of New Cyber and Emerging Technologies Unit (CETU) To Complement Crypto Task Force

February 20, 2025
Buterin Advocates For 33% Increase In Gas Limits

Ethereum Spot ETF On Thin Ice? Expert Predicts 25% Approval Odds Amid SEC Silence

March 27, 2024

Fast, Decentralized, Private Ethereum Future

May 21, 2025
Empowering the digital-first business professional in the foundation model era 

Empowering the digital-first business professional in the foundation model era 

March 1, 2024
Bitcoin Price Could Extend Gains: Will Bulls Stay in Control?

Bitcoin Price Could Extend Gains: Will Bulls Stay in Control?

September 10, 2024
Argentina Government Launches Mandatory Registration Platform for Virtual Assets

Argentina Government Launches Mandatory Registration Platform for Virtual Assets

April 2, 2024

Recent Posts

  • Ethereum Comms Announcement | Ethereum Foundation Blog
  • Czech Justice Minister Resigns Over $45M Bitcoin Donation Scandal
  • Why MSTR’s 133K Bitcoin bet in 2025 is far from over!

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Blog
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

Recommended

Audit Results for the Pectra System Contracts

Ethereum Comms Announcement | Ethereum Foundation Blog

June 1, 2025
Czech Justice Minister Resigns Over $45M Bitcoin Donation Scandal

Czech Justice Minister Resigns Over $45M Bitcoin Donation Scandal

June 1, 2025

© 2023 Dollar-Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet

© 2023 Dollar-Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version