Tag: sweep

Metaplex Faces Legal Threat Over $6.5M Unclaimed SOL Sweep

Metaplex Faces Legal Threat Over $6.5M Unclaimed SOL Sweep

Metaplex is now being sued by Burwick Law. The umbrella Solana-based NFT platform announced plans to sweep more than $6.5 million worth of unclaimed Solana (SOL) tokens into its treasury. As a possible remedy, the law firm warns that if Metaplex proceeds with the plan, it may be subject to...