Stephen Akridge’s ex-wife claims the Solana blockchain co-founder began stealing her mortgage proceeds after she filed for divorce in February 2023. Solana (SOL) price fell 1.5% in the last 24 hours to settle at $192.80, in line with a 2.5% decline in crypto markets earlier today, as Solana price continued to be negatively impacted by news that Stephen Akridge is facing a lawsuit from his ex-wife, who claims the Solana co-founder stole millions of dollars worth of her mortgage proceeds.

The news comes as SOL’s price has settled down 21% from the past month, though the prominent altcoin — the sixth-largest cryptocurrency by market cap — is still up an average of 90% year-to-date. Given that the market appears to be in the early stages of a bull run, Solana’s price is likely to rebound strongly in the coming weeks and months.