Solana founder Stephen Akridge is accused of misappropriating his ex-wife's digital currency earnings.


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Solana co-founder Stephen Akridge is embroiled in a legal battle with his ex-wife, Eliza Rossi, over alleged misappropriation of Solana's considerable earnings.SOL) Tokens, Bloomberg News It has been reported On December 27.

Rossi claims that Akeyridge used its advanced expertise in cryptography and blockchain to remove rewards from its digital wallet.

Akridge's actions resulted in Russian lost “millions of dollars” in revenue, according to the complaint. He also alleged that Acreage controlled his accounts from early March to mid-May and took 100 percent of the equity commissions allocated to his SOL holdings.

While the exact value of the disputed tokens has not been disclosed, Rossi described the sums as “significant” and requested that parts of the lawsuit remain confidential. Solana Labs and attorneys for Akridge and Rossi have not commented publicly.

Akridge was a principal engineer at Solana and played a key role in developing the blockchain platform alongside the co-founders. Anatoly Yakovenko And Raj Gokal Akridge worked at Qualcomm before joining Solana. He is now the CEO of Cyber ​​Grant, a cyber security company based in California.

The couple filed for divorce in February 2023 after a decade together. Rousey's lawsuit alleges breach of contract, unjust enrichment, and fraud and seeks damages for the financial losses she claims she suffered.

Liquid stock growth in Solana

Depending on the different platforms, SOL tokens grant annual returns (APY) ranging from 5.6% to 12%.

However, users increase their returns by using liquid staking platforms because Total Value Locked (TVL) Jito suggests This is the largest protocol in Solana by TVL, approaching $2.7 billion per DefiLlama data. The liquid equity market accounts for approximately 50% of Solana's total TVL.

In addition to the platform's APY, liquid betting gives the user a proxy token equal to the amount allocated in the bet. As a result, the newly generated token can be used in various decentralized financial protocols and increase the potential rewards.

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