Solana Labs, Multicoin Capital Accused of Violating US Securities Law by SOL Investors in Lawsuit

Solana Labs, Multicoin Capital Accused of Violating US Securities Law by SOL Investors in Lawsuit

A Solana investor has filed a class-action lawsuit against key parties in the Solana ecosystem for allegedly making misleading statements and profiting from selling unregistered securities to retail customers. The plaintiff, Mark Young, filed the suit on 1 July against Solana Labs, Solana Foundation, Solana CEO Anatoly Yakovenko, crypto investment…