SOL investor files class action claiming ‘securities violations’

07/07 20:46

Key members of the Solana ecosystem are the target of a class-action lawsuit filed last week before a court in California. They are accused of illegally benefitting from SOL, the blockchain’s native token, which the lawsuit claims is an unregistered security.The suit alleges“The cornerstone of the value of SOL securities is the sum of Solana Labs, Solana Foundation, and [Anatoly] Yakovenko’s management and implementation of the Solana blockchain.”
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