Solana has a federal RICO lawsuit that could classify SOL as a security and force exchange delistings. Filed in July, it includes Jito Labs as defendants. Discovery is happening now. The market is pricing this at zero with a $68 billion market cap and 9 ETF applications pending. RICO means treble damages and criminal liability. If plaintiffs have evidence of coordination between labs and validators, SOL goes from ETF candidate to delisted security. The gap between legal risk and market pricing is extraordinary.
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