‘Solana Is Deceptively Designed to Falsely Inflate Usage,’ Alleges Crypto Researcher
CyberCapital Founder and CIO Justin Bons criticized Solana heavily on Twitter, detailing its bad track record of downtime, failures, hacks, and scandals. Founder and CIO of CyberCapital Justin Bons made some stark remarks on the Solana network and its native cryptocurrency (SOL) in a lengthy Twitter post published on Oct. 3.
The crypto researcher said that there was “blatant fraud” involved at the birth of SOL and discussed how there were false statements made with regard to the circulating supply of the cryptocurrency. Bons stated that the team said there was a circulating supply of 8.2 million SOL in April 2020 but that there was actually over 20 million SOL. He also referred to a third party that found an unlocked SOL wallet that had more than 13 million coins. The SOL team responded by saying that these were loaned to a market maker.
Source
@Solana_Updates
