Share this article

Solana Labs, Multicoin Accused of Violating Securities Law by SOL Investor

Solana’s SOL token is an unregistered security whose insiders have benefitted while retail suffered, the suit alleged.

The suit accuses Solana founder Anatoly Yakovenko of securities violations. (Danny Nelson/CoinDesk)
The suit accuses Solana founder Anatoly Yakovenko of securities violations. (Danny Nelson/CoinDesk)