Compass Investments

– According to the complaint, Akridge was the chief engineer of Solana Labs after helping found the company in 2018. He is currently the CEO of cybersecurity firm Cybergrant.

According to Rossi’s complaint, the couple shared ownership of SOL, which they owned under a divorce agreement reached in March, but Rossi alleges that Akridge “exploited a significant gap in his knowledge of cryptocurrencies.

She alleges that he retained control of the tokens and continued to make money from betting on them.

According to her complaint, Akridge “only authorized Ms. Rossi’s Solana wallet for three accounts that held Solana tokens, and that “Ms. Rossi was unaware of the fraud until May 2024, when she

the number of SOL tokens in question and the amount allegedly stolen are redacted in the complaint, but the amount exceeds $25,000 . And an attachment seeking to seal part of the lawsuit refers to the “substantial amount in question.

SOL hit a record high of $263 last month and is now trading at $194, up more than 80 percent since the beginning of the year.

Solana users are locking in their SOLs and using them to verify transactions on the blockchain, as well as earning more SOLs through staking, where they receive SOLs as rewards.

Rossi alleges in the lawsuit that between May and December, he informed Akridge of the staking rewards that were allegedly stolen, saying he He allegedly sent “at least a dozen” text messages.

The lawsuit alleges that Akridge “made it clear that he had no intention of returning the staking rewards to Ms. Rossi, at one point laughing in her face and saying: “I hope you get your betting reward from me.