BTC logo
BTC
$105,619.06
5.13%
ETH logo
ETH
$3,759.72
7.16%
USDT logo
USDT
$1.0003
0.03%
BNB logo
BNB
$1,059.66
10.24%
XRP logo
XRP
$2.2686
6.48%
SOL logo
SOL
$179.32
8.62%
USDC logo
USDC
$1.0001
0.01%
TRX logo
TRX
$0.3058
5.23%
DOGE logo
DOGE
$0.1821
7.51%
ADA logo
ADA
$0.6160
8.68%
USDE logo
USDE
$0.9996
0.06%
HYPE logo
HYPE
$34.40
10.09%
LINK logo
LINK
$16.38
10.63%
XLM logo
XLM
$0.3008
8.31%
BCH logo
BCH
$460.82
12.07%
LEO logo
LEO
$9.4222
2.27%
WBT logo
WBT
$40.17
4.56%
SUI logo
SUI
$2.3864
11.22%
AVAX logo
AVAX
$19.67
10.66%
HBAR logo
HBAR
$0.1608
11.40%
BTC logo
BTC
$105,619.06
5.13%
ETH logo
ETH
$3,759.72
7.16%
USDT logo
USDT
$1.0003
0.03%
BNB logo
BNB
$1,059.66
10.24%
XRP logo
XRP
$2.2686
6.48%
SOL logo
SOL
$179.32
8.62%
USDC logo
USDC
$1.0001
0.01%
TRX logo
TRX
$0.3058
5.23%
DOGE logo
DOGE
$0.1821
7.51%
ADA logo
ADA
$0.6160
8.68%
USDE logo
USDE
$0.9996
0.06%
HYPE logo
HYPE
$34.40
10.09%
LINK logo
LINK
$16.38
10.63%
XLM logo
XLM
$0.3008
8.31%
BCH logo
BCH
$460.82
12.07%
LEO logo
LEO
$9.4222
2.27%
WBT logo
WBT
$40.17
4.56%
SUI logo
SUI
$2.3864
11.22%
AVAX logo
AVAX
$19.67
10.66%
HBAR logo
HBAR
$0.1608
11.40%
Opinion
Share this article

The Fake Team That Made Solana DeFi Look Huge

We already knew that crypto developers cannot always be trusted. But can we even trust the data?

By David Z. Morris
Updated Jun 14, 2024, 8:05 p.m. Published Aug 5, 2022, 5:25 p.m.
A new CoinDesk report reveals that a major Solana DeFi project was created not by 11 different developers, but two brothers who conducted an elaborate masquerade. (iStock/Getty Images)
A new CoinDesk report reveals that a major Solana DeFi project was created not by 11 different developers, but two brothers who conducted an elaborate masquerade. (iStock/Getty Images)