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The Fake Team That Made Solana DeFi Look Huge

We already knew that crypto developers cannot always be trusted. But can we even trust the data?

By David Z. Morris
Updated Jun 14, 2024, 8:05 p.m. Published Aug 5, 2022, 5:25 p.m.
A new CoinDesk report reveals that a major Solana DeFi project was created not by 11 different developers, but two brothers who conducted an elaborate masquerade. (iStock/Getty Images)
A new CoinDesk report reveals that a major Solana DeFi project was created not by 11 different developers, but two brothers who conducted an elaborate masquerade. (iStock/Getty Images)