A class-action lawsuit has been filed claiming that cryptocurrency solana (SOL) is an unregistered security under the Howey test. “The specific facts and circumstances relating to SOL securities support the conclusion that SOL is a security under the Howey test,” the plaintiff argued. Solana Is a Security, Lawsuit Claims A lawsuit, filed on July 1 in the U.S. District Court for the Northern District of California, claims that cryptocurrency solana (SOL) is an unregistered security. Lead plaintiff Mark Young, a California resident and SOL investor, is suing on behalf of…
Day: July 8, 2022
Musk Scraps $42B Deal to Buy Twitter, Prompting Board to Threaten Suit
Musk Scraps $42B Deal to Buy Twitter, Prompting Board to Threaten Suit Author: Kevin Reynolds Source link