CryptoBearishThe Block · 3h ago6/10
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Solana treasury firm Solmate’s largest stakeholder sues board for self-dealing, fiduciary breaches
Solmate, a treasury management firm for Solana, faces a shareholder lawsuit after board members Ron Sade and Keren Maimon purchased approximately 2.298 million SLMT shares at $4.97 per share, resulting in roughly 20% shareholder dilution. The alleged self-dealing and fiduciary breaches raise governance concerns within the Solana ecosystem.
$SOL