This time, #Solana is in trouble According to SEC, Solana Labs manipulated the price of #SOL token and they caused loss of retail investors. If we go back in time, we remember that #XRP was accused of a similar thing and the team of XRP has been dealing with problems with SEC. I'm not a Solana investor, do not plan to be. However, any harm given to Solana will end up harming the whole #crypto ecosystem for sure. If the problem gets bigger, SOL may not be available for some countries but not sure if the SOL whales let it happen 😉
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Solana is always in controversy. Resetting the network, giving control over to avoid liquidity wipeouts, vc controlled blockchain, and accused of being more centralised than decentralised... I could argue regarding who is hurting who...
SOL is a centralized company coin and an unregistered security since the beneficiaries are clearly the company behind it.