Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Solana Labs
SOL Investor Accuses Solana Labs of Flouting Securities Laws
California resident Mark Young has filed a class-action lawsuit against big players in the Solana ecosystem and Multicoin Capital. Young filed the complaint in the US District Court for the Northern District of California in the past week. He claims several Solana parties illegally profited from the sale of Solana (SOL), the native token of the Solana blockchain. The filing names Solana Labs, the Solana Foundation, Solana co-founder Anatoly Yakovenko, crypto VC giant Multicoin Capital, Multicoin co-founder Kyle Samani, and…
3 years ago