Tag: unclaimed

Metaplex Faces Legal Scrutiny Over Unclaimed Solana Funds

Metaplex Faces Legal Scrutiny Over Unclaimed Solana Funds

The legal battle includes metaplex, a Solana NFT platform. This announcement follows the company’s recent announcement regarding its plans to transfer approximately 54,000 SOL from these user-funded wallets into its DAO treasury. The move, meant to take place on April 25 2025, will include, as Metaplex has called it, unclaimed...

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...