One of the co-founders of Solana, Stephen Akridge is embroiled in a legal dispute with his former wife Elisa Rossi over alleged misappropriation of income derived from lucrative SOL tokens.
Rossi has accused Akridge of stealing “millions of dollars” worth of staking rewards from her digital wallet, according to a lawsuit filed in San Francisco Superior Court.
As per Bloomberg report, the complaint alleges that Akridge exploited his superior knowledge of cryptocurrency and blockchain to covertly divert her staking earnings.
Staking is a process where crypto holders pledge their assets to validate blockchain transactions, earning additional tokens in return. Rossi’s lawsuit claims Akridge took advantage of her limited expertise in the field to appropriate these rewards for himself.
While the exact value of the disputed tokens has been redacted in the court documents, Rossi has indicated they involve “significant sums.” She has requested that sensitive portions of the complaint remain confidential.
Solana has recently regained momentum as one of the top-performing cryptocurrencies. Despite its association with Sam Bankman-Fried and Alameda Research during the FTX collapse, which saw SOL prices plummet below $10, the digital asset has made a remarkable recovery, cementing its position as a leading cryptocurrency.
The legal battle underscores the complexities and risks associated with managing digital assets, especially in cases involving shared ownership or disputes over expertise.
Read: IRS Targets DeFi with New tax rules taking effect from 2027
