{"id":32052,"date":"2024-12-30T10:58:39","date_gmt":"2024-12-30T10:58:39","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=32052"},"modified":"2024-12-30T10:58:39","modified_gmt":"2024-12-30T10:58:39","slug":"solana-co-founder-sued-by-ex-wife-for-secretly-profiting-from-staking-rewards","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=32052","title":{"rendered":"Solana Co-Founder Sued by Ex-Wife for Secretly Profiting from Staking Rewards"},"content":{"rendered":"

Stephen Akridge, co-founder of Solana, <\/span>faces<\/span> a lawsuit filed by his ex-wife Elisa Rossi.<\/span><\/p>\n

Rossi alleges he secretly profited from her Solana (SOL) tokens through staking rewards.<\/span><\/p>\n

Filed<\/span> in San Francisco\u2019s Superior Court on 24 December 2024, <\/span>the complaint<\/span> accuses Akridge of earning \u201cmillions of dollars\u201d in staking rewards from her tokens without her consent.<\/span><\/p>\n

Rossi claims that under their March divorce agreement, the SOL tokens were to be split equitably. However, she alleges Akridge exploited his superior knowledge of cryptocurrencies to retain control of the tokens.<\/span><\/p>\n

EXPLORE: <\/span>Solana ($SOL) Price Prediction 2024 \u2013 2030<\/span><\/a><\/strong><\/p>\n

Solana Co-Founder Secretly Staked Ex-Wife\u2019s Tokens<\/span><\/h2>\n

According to the complaint, Akridge granted Rossi\u2019s wallet authority over three accounts containing SOL. He continued staking the tokens and collecting rewards in secret until Rossi discovered the activity in May 2024.<\/span><\/p>\n

The total number of SOL tokens and the exact amount allegedly misappropriated remain undisclosed in the lawsuit, though it notes the sum exceeds $25,000. The filing highlights \u201csignificant sums at issue\u201d and includes a request to seal sensitive parts of the case. <\/span><\/p>\n

Rossi claims to have sent multiple text messages between May and December 2024, seeking the return of the staking rewards, only to be met with dismissive responses. She alleges Akridge laughed at her and said, \u201cGood luck getting those staking rewards from me.\u201d<\/span><\/p>\n

Solana co-founder Stephen Akridge is being sued by his ex-wife Elisa Rossi, who accuses him of withholding millions of dollars in staking rewards as part of their divorce settlement. pic.twitter.com\/hsjROrhnYZ<\/a><\/p>\n

\u2014 Sid Woolley (@SeritGTR) December 30, 2024<\/a><\/p>\n\n

Akridge, who served as Solana Labs\u2019 principal engineer and is now CEO of the cybersecurity firm Cyber Grant, has not publicly commented on the allegations. <\/span><\/p>\n

Solana, a blockchain network known for hosting several 2024 crypto trends <\/span>like <\/span>memecoins<\/span>, allows users to stake SOL tokens to validate transactions and earn rewards.<\/span><\/p>\n

With SOL\u2019s price soaring to an all-time high of $263 last month, staking rewards have become a lucrative source of income for token holders.<\/span><\/p>\n

EXPLORE:\u00a0<\/span>Top Solana Meme Coins 2024: 10 Best Buys Updated<\/span><\/a><\/strong><\/p>\n

Solana Surpasses Ethereum As Top Ecosystem for New Developers<\/span><\/h2>\n

As reported, Solana <\/span>has<\/span> overtaken<\/span> Ethereum<\/span><\/a> as the top destination for new developers in 2024, breaking Ethereum\u2019s eight-year dominance in <\/span>the<\/span> space.<\/span><\/p>\n

Solana saw 7,625 new developers join its ecosystem this year, surpassing Ethereum\u2019s 6,456. The surge was driven largely by increased developer activity in Asia.<\/span><\/p>\n

Solana\u2019s\u00a0momentum began in <\/span>July,<\/span> when it officially outpaced Ethereum in onboarding new developers for the first time since 2016. This trend continued through the remainder of 2024, with Solana\u2019s developer activity growing by 83% <\/span>year over year<\/span>.<\/span><\/p>\n

Furthermore, Solana achieved\u00a0over $100 billion\u00a0in decentralized exchange (DEX) trading volume for the second consecutive month <\/span>in December<\/span>.<\/span><\/p>\n

With a $107.865 billion <\/span>in<\/span> monthly DEX volume (as of Dec. 27), Solana outpaced its competitors in December, including Binance Smart Chain (BSC) and Ethereum, which recorded $91.444 billion and $84.168 billion.<\/span><\/p>\n

In November, Solana <\/span>also<\/span> reigned supreme with $129.736 billion in DEX volume, well ahead of Ethereum\u2019s $70.635 billion.<\/span><\/p>\n

EXPLORE:\u00a0<\/span>Solana vs Ethereum: Which is Better in 2025?<\/span><\/a><\/strong><\/p>\n

The post Solana Co-Founder Sued by Ex-Wife for Secretly Profiting from Staking Rewards<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Stephen Akridge, co-founder of Solana, faces a lawsuit filed by his ex-wife Elisa Rossi. Rossi alleges he secretly profited from her Solana (SOL) tokens through staking rewards. Filed in San Francisco\u2019s Superior Court on 24 December 2024, the complaint accuses Akridge of earning \u201cmillions of dollars\u201d in staking rewards from her tokens without her consent. […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-32052","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/32052"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32052"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/32052\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}