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    Home»Altcoins»Solana Co-Founder Accused of Stealing Tens of millions in Rewards | Stay Bitcoin Information
    Solana Co-Founder Accused of Stealing Tens of millions in Rewards | Stay Bitcoin Information
    Altcoins

    Solana Co-Founder Accused of Stealing Tens of millions in Rewards | Stay Bitcoin Information

    By Crypto EditorDecember 30, 2024No Comments3 Mins Read
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    • Elisa Rossi says Akridge is stealing staking rewards by way of blockchain know-how.
    • The lawsuit focuses on cryptocurrency asset points in divorce settlements.

    Stephen Akridge is being sued by his former spouse, Elisa Rossi, who contends that he has been appropriating tens of millions of {dollars} in staking rewards from her digital cryptocurrency pockets. She alleges that Stephen Akridge used his data of blockchain know-how to achieve unauthorized entry to her accounts. Moreover, she claims he withheld staking rewards generated from her Solana holdings with out her consent.

    The couple who’ve spent ten years as husband and spouse filed a petition for divorce in February this yr 2023. Litigation started throughout the Superior Courtroom of San Francisco on property ensuing from Akridge’s actions associated to establishing Solana, a $90 billion blockchain community. Underneath the phrases of the divorce settlement, Rossi says she ought to have obtained her share of the Solana tokens the 2 had staked so as to add safety to the blockchain and acquire rewards in alternate.

    Winding Authorized Course of Over Staking Rewards

    Rossi states Akridge used her technical savvy to disable her staking accounts in order that she was locked out, stopping her from claiming the rewards. Although she claims possession of her Solana, Akridge is accused of withholding the rewards, that are stated to run in tens of millions of {dollars} although a precise quantity will not be offered.

    Rossi acknowledges that her restricted comprehension of cryptocurrency rendered her prone to Akridge’s blockchain experience. The lawsuit highlights her repeated makes an attempt to contact him from Might to December 2023. Nevertheless, he responded with dismissive and hostile remarks every time.

    Based on Rossi, Akridge allegedly laughed in her face and stated, “Good luck getting these staking rewards from me.” Akridge has but to reply publicly on the allegations, however the case represents the complexity of digital property, particularly throughout divorce settlements. Rossi’s case brings out how blockchain know-how turns into extra related to folks and authorized issues as extra folks participate in cryptocurrencies.

    Whereas the price of Solana has now risen and its market worth now appreciates, involvement on Akridge’s aspect with this specific case will solely taint him in society as one of many core figures to understand this success of the blockchain. A case is subsequently rising with the blockchain tendencies of suing one another and creating litigation because of complexities emanating in managing digital currencies and points that emerge associated to individuals.

     



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