Legal Dispute Over Solana Tokens
- Stephen Akridge is facing legal issues with his ex-wife over alleged misappropriation of Solana tokens.
- His ex-wife claims he used his expertise in crypto to siphon off staking rewards from her digital wallet.
- She alleges losing “millions of dollars” in income due to Akridge’s actions.
- The exact value of disputed tokens remains undisclosed.
Akridge’s Background and Role at Solana
- Akridge was a principal engineer at Solana and played a key role in developing the blockchain platform.
- Before Solana, he worked at Qualcomm Inc and is now the CEO of Cyber Grant.
- The couple filed for divorce in February 2023 after a decade of marriage.
- Rossi’s lawsuit alleges breach of contract, unjust enrichment, and fraud.
Liquid Staking Growth on Solana
- Staking SOL tokens offers an APY ranging from 5.6% to 12%.
- Users can boost their yields using liquid staking platforms like Jito, which has a TVL of $2.7 billion.
- Liquid staking provides users with a proxy token and potential rewards on decentralized finance protocols.
