Metaplex, an NFT platform built on Solana, faces legal threats after it announced an attempt to sweep SOL tokens that have ...

Crypto law firm Burwick Law has called out Solana-based non-fungible token platform Metaplex’s plan to sweep unclaimed Solana ...

The complaint asks the court to classify stake‑based meme tokens as securities and to appoint a receiver over Meteora, steps ...

Burwick Law, the New York-based firm, known for championing investor rights in the crypto space, argues that Metaplex’s plan is not only ethically questionable but also potentially illegal.

Burwick Law says Metaplex could be sued if it doesn’t change its plan to sweep unclaimed NFT value from its resize upgrade to its DAO treasury instead of returning them to NFT holders.

Metaplex faces legal threats after announcing plans to sweep over 54,000 unclaimed NFT SOL into its DAO treasury.