SOL

Solana Co-Founder’s Ex-Wife Sues over Staked Tokens

Stephen Akridge, co-founder of Solana (SOL-USD), is now facing a legal battle with his ex-wife Elisa Rossi, who claims he secretly profited from her SOL tokens through staking rewards. The lawsuit, filed on December 24 in San Francisco’s Superior Court, accuses Akridge of pocketing millions of dollars in rewards from the SOL tokens she alleges are rightfully hers.

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Rossi Alleges Akridge Secretly Staked her Tokens

According to Rossi’s complaint, their divorce agreement in March split ownership of their SOL holdings. However, Rossi claims Akridge exploited his technical knowledge to maintain control over the tokens, secretly staking them and earning rewards without her consent. Rossi says Akridge gave her access to only three accounts, while continuing to stake her SOL tokens and reaping the benefits until she discovered the situation in May 2024.

SOL’s Surge Fuels Staking Rewards Battle

SOL, which recently reached an all-time high of $263, has gained over 80% in 2024, continuing to be a major force in the crypto world. Staking, where tokens are locked to validate transactions and earn rewards, is a popular way to earn additional SOL. Rossi’s complaint mentions multiple attempts to contact Akridge about the staking rewards, but Akridge reportedly brushed her off, saying, “good luck getting those staking rewards from me.”

At the time of writing, Solana is sitting at $192.21.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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