A co-founder of Ethereum (ETH) rival Solana (SOL) is reportedly facing legal action for allegedly misappropriating income from his ex-wife’s crypto holdings.
Bloomberg reports that Elisa Rossi has filed a lawsuit in San Francisco Superior Court, accusing her ex-husband Stephen Akridge of stealing millions of dollars in staking rewards earned through her Solana tokens.
Staking rewards are similar to interest earned on a bank deposit. Crypto holders who participate in the staking process lock up their assets for a certain period of time to validate blockchain transactions and earn more tokens as rewards.
The complaint states that the dispute began after Akridge and Rossi filed for divorce in February 2023. Rossi alleges that from early March to mid-May, Akridge operated and controlled the accounts in question and received all nominal commissions GROUND.
Rossi says Akridge, who was a principal engineer at Solana and is now CEO of California-based cybersecurity firm Cyber Grant, “took advantage of the significant disparity in cryptocurrency expertise and blockchain that he owned.
The value of the tokens in dispute is obscured in the lawsuit, but Rossi claims a significant sum is involved. She seeks damages for the claims and contends that Akridge engaged in breach of contract, unjust enrichment and fraud.
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