Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> less decentralized (Solana...

SBF is deeply tied to Solana. It's reported SBF/FTX/Alameda were sitting on close to $1bn worth of Solana up to a few days ago. Some are apparently locked. This makes him the biggest holder of Solana. Centralized indeed. Now of course these "$1bn" are in that worthless Solana scamcoin which already fell from $32 to $13 since the news. So I take that that $1bn is now more like $400m or something, and shrinking fast.

It's possible that, like with Serum, SBF was involved in the creation of Solana from the very start (I take it more independent journalist are going to dig on that: I don't expect mainstream media to do much research that said).



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: