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Legal challenges in the cryptocurrency world with SOL involved

Stephen Akridge, co-founder of Solana, faces a lawsuit from Elisa Rossi, his ex-wife. She accuses him of taking millions from her Solana wallet during their divorce. The case highlights legal challenges in the crypto market, as staking rewards become a complex issue.

Rossi claims Akridge exploited her lack of blockchain knowledge to access her accounts from March to May 2023. Seeking damages for breach of contract, unjust enrichment, and fraud, the case accentuates the intersection of personal relationships and financial assets in crypto.

In a remarkable rebound, Solana has grown by 70% in 2024, reaching an all-time HIGH of 263 USD. This growth is driven by increased transaction volumes and activities around MEME coins, positioning it as the second-largest blockchain in terms of total value locked.

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