Law firm warns Metaplex that if it clears unclaimed fees, it may face long-term litigation risks

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PANews
04-22
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According to Cointelegraph, PANews reported on April 22 that the crypto law firm Burfirm warned Metaplex, Non a-Fungible Token platform on the Solana chain, that its to transferlaimed into the DAO treasury instead of returning them might face legal risks. The event originated from Metaplex's NFT storage optimization solution launched last year, which allowed users to claim small amounts of SOL tokens by adjusting Non-Fungible Token size, but stipthat remaining SOL in accounts not actively operated before April 25 would be automatically to the DAO treasury. Burwick pointed out in an open letter on April 22 that approximately 54,000 SOL (valued at million risk of transfer, with only 7,043 currently claimed. The law firm criticized the plan for "eroding trust" and "going against the crypto spirit", emphasizing emphas-fungminters were not clearly notified. From a legal perspective, if the court determines the constitunjor violof consumer protection laws, protection law, victims may compensation.

Burwick suggested Metaplex suspend the plan and return% to keeping only 10% as network maintenance fees. Such an approach has precedent in the DeFi field, protecting user rights while maintaining DAO operational funds. Metaplex has not yet responded, but previously stated that uncuncmight be used for airdropvvoting, ecological construction funding,.

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