Solana Labs co-founder accused of hiding ex-wife’s ‘millions of dollars’ in crypto staking gains

Solana Labs co-founder Stephen Akridge is going through a lawsuit accusing him of withholding “thousands and thousands of {dollars}” in accumulating compensation from his ex-wife following their divorce settlement.

Stephen Akridge, co-founder of Solana Labs, is being sued in San Francisco District Courtroom by his ex-wife, Elisa Rossi, who claims he withheld “thousands and thousands of {dollars}” of crypto collected from wagering Solana rewards ( SOL) tokens.

In response to Rossi, Akridge gave her management of three crypto wallets as a part of their divorce settlement, in accordance with court docket paperwork first reported by Legislation.com. Nonetheless, Akridge allegedly stored the staking rewards for himself by sending SOL tokens to addresses beneath his management. Rossi says she found this two months after the divorce was finalized in March.

“[…] Unbeknownst to Ms. Rossi, Mr. Akridge took benefit of the numerous disparity in cryptocurrency and blockchain experience he possessed as a co-founder of Solana and solely gave Ms. Rossi’s Solana pockets authority over three accounts containing the Solana comprise tokens.

Nelson Mullins, Riley & Scarborough

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Rossi claims that when she requested for the rewards, Akridge refused, even mocking her and saying, “Good luck getting these rewards from me,” in accordance with the report. The case consists of claims of fraud, breach of contract and unjust enrichment.

Rossi is asking the court docket for an order for precise and compensatory damages, the quantity of which will likely be decided at trial. She additionally requests punitive or statutory exemplary damages, in addition to pre-judgment and post-judgment curiosity on the most statutory fee.

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