Solana Co-Founder Calls Meme Coins 'Digital Slop' Despite Token-Fueled Surge ► https://t.co/0eq7K0nwN7 https://t.co/0eq7K0nwN7
Bullish on digital slop
💬 @solana co-founder Anatoly Yakovenko has sparked debate after referring to #memecoins and #NFTs as “digital slop,” despite Solana’s substantial memecoin-driven revenue. He compared these assets to loot boxes in free-to-play mobile games, which generate profits for developers https://t.co/KVp5AaZB9u
Burwick Law has expanded its RICO lawsuit against Pump.Fun to include executives from Solana Labs and Jito Labs. The amended complaint alleges a $5.5 billion meme coin gambling scheme involving an unlicensed gambling platform linked to Solana-related entities. This class action lawsuit claims that Pump.Fun operated without proper licensing while targeting entities connected to the Solana blockchain. In a related development, Solana co-founder Anatoly Yakovenko described meme coins and NFTs as "digital slop," comparing them to loot boxes in free-to-play mobile games, which generate revenue for developers despite their controversial nature. Yakovenko's remarks have sparked debate given Solana's substantial revenue from memecoin activity.