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Class action lawsuit claims Solana’s SOL is an unregistered security By Cointelegraph

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Class action lawsuit claims Solana’s SOL is an unregistered security

Labs is the latest crypto company to be hit with a lawsuit accusing it of promoting an unregistered security.

The class action was filed on July 1 by Roche Freedman LLP and Schneider Wallace Cottrell Konecky in the district court for the northern district of California on behalf of plaintiff Mark Young, a state resident.

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