Saturday, February 4

Tag: Multicoin

Solana Investors Filed Lawsuit Against Project Insiders For Misleading Statements.
Blockchain

Solana Investors Filed Lawsuit Against Project Insiders For Misleading Statements.

The plaintiff, Mark young, has filed a class-action lawsuit on behalf of Solana investors against the Solana Foundation, Solana CEO, Anatoly Yakovenko, crypto investment firm Multicoin Capital and its co-founder Kyle Samani as well as a trading platform in the Northern District of California, is represented by law firms Roche Freedman and Schneider Wallace.  The lawsuit filed was on July 1st and was a result of Solana labs allegedly making misleading statements and profiting from trading unregistered securities to retailed customers. Read Also: Canada-Based Crypto Payments Platform FCF Pay Has Listed The Complete Shiba Inu Tokens. The plaintiff said the defendants made confusing statements concerning the supply of SOL and its decentralized nature and said company insiders go...