Skip to content
The Nexus
BUSINESSJun 22 · 20:17 UTCTHE BLOCKDaniel Kuhn

Solana treasury firm Solmate’s largest stakeholder sues board for self-dealing, fiduciary breaches

The largest stakeholder of Solmate, a Solana treasury firm, has sued the board members Ron Sade and Keren Maimon for self-dealing and breaches of fiduciary duty. The board members personally purchased approximately 2.298 million SLMT shares at $4.97, resulting in a ~20% dilution of shareholders.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned
SolmateorganizationSolanaorganizationRon SadepersonKeren MaimonpersonSLMTorganizationself-dealingtopicfiduciary breachestopic
Spot something wrong with this article?Report a problem →
Forward this
Related Signal

Adjacent reporting