Solmate Crashes 98% After $300M Solana Treasury Pivot
ARK Invest-backed Solmate has lost essentially its entire market cap since rebranding from Brera Holdings, with a board self-dealing lawsuit now layered on top of the drawdown.
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ARK Invest-backed Solmate has lost essentially its entire market cap since rebranding from Brera Holdings, with a board self-dealing lawsuit now layered on top of the drawdown.
The complaint alleges board members sold shares into a market where outside investors were locked up, then personally bought 2.298M Class B shares at $4.97 and signed preferential advisory deals.