Allegations of Unlawful Gains from Tokens
Elisa Rossi, the ex-wife of Solana co-founder Stephen Akridge, has accused him of unlawfully earning millions of dollars from SOL staking rewards that she claims rightfully belong to her. Rossi alleges that Akridge secretly profited from their shared tokens without her knowledge.
The Lawsuit and Background
The lawsuit was filed on December 24 in San Francisco Superior Court. Rossi claims that her ex-husband, who served as Solana Labs’ lead engineer and is now the CEO of Cyber Grant, a cybersecurity firm, leveraged his expertise in cryptocurrency to maintain control over her tokens and the associated staking rewards.
A divorce settlement in March 2024 reportedly divided their SOL holdings. However, Rossi contends that Akridge granted her access to only three wallets while retaining full control over the staking process and its earnings.
Hidden Rewards and Alleged Fraud
According to the lawsuit, Akridge continued staking Rossi’s tokens in secret, earning millions of dollars in rewards until Rossi uncovered the alleged scheme in May 2024. The exact number of tokens and the total amount involved remain undisclosed, but court documents describe the sums as "significant."
Response and Communication
Rossi claims she sent Akridge no fewer than a dozen messages between May and December 2024, requesting the return of the staking rewards. The lawsuit alleges that Akridge ignored her requests and even mocked her, saying, “Good luck getting the staking rewards from me.”
Current Status
Akridge has not responded to requests for comment. Cyber Grant has been contacted, but at the time of writing, no information about his legal representation or further developments in the case was available.
The Context of SOL Staking
Solana allows users to earn additional SOL through staking—a process where tokens are locked to validate blockchain transactions, earning rewards in return. In 2024, Solana experienced significant growth driven by popular crypto trends, including memecoins. SOL reached an all-time high of $263 and is currently trading at $194.
This case highlights the growing importance of staking as a source of income while shedding light on the potential legal disputes surrounding digital asset ownership.
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