A co-founder of Ethereum (ETH) competitor Solana (SOL) is reportedly facing a lawsuit over alleged misappropriation of proceeds from his former wife’s crypto holdings.
Bloomberg reports that Elisa Rossi has filed a complaint with the San Francisco Supreme Court accusing her ex-husband Stephen Akridge of stealing millions of dollars worth of staking rewards won with her Solana tokens.
Staking rewards are similar to the interest earned from a bank deposit. Crypto holders who participate in the staking process lock their assets for a certain period of time to validate blockchain transactions and earn more tokens as a reward.
The complaint says the dispute began after Akridge and Rossi filed for divorce in February 2023. Rossi claims that from early March to mid-May, Akridge operated and controlled the accounts in question and received all SOL token commissions.
Rossi says Akridge, who served as chief engineer at Solana and is now CEO of California-based cybersecurity firm Cyber Grant, “exploited the significant disparity in his expertise in cryptocurrencies and blockchain.”
The value of the controversial tokens is…
