JAC_707
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#NFT news
Cryptopolitan
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Solana NFT platform Metaplex faces legal warning over plan to seize unclaimed SOL
Metaplex, an NFT platform built on Solana, faces legal threats after it announced an attempt to sweep SOL tokens that have not been claimed into its DAO treasury. Burwick Law, a legal firm specializing in cryptocurrency issues, released an open letter on April 22 protesting the action and demanding that it be reversed before April 25.
**An Open Letter to @metaplex and Solana Industry Leaders**
The Metaplex SOL Sweep: Why User Rent Should Flow Back to the Community, Not a DAO Treasury
On April 25, 2025, the Metaplex protocol plans to relocate about 54,000 SOL in “unclaimed resize rent” from user‑funded…
— Burwick Law (@BurwickLaw) April 22, 2025
Recently, Metaplex launched a resize optimization for Token Metadata (TM) NFTs that allows the holders to get a small refund of SOL by April 25. The optimization arises from a technical change that shrinks the space the NFTs occupy in the Solana protocol. However, despite such adoption, over 54,000 SOLs worth more than $6.5M are believed to still be unclaimed, according to data found on Metaplex’s website.
The protocol previously explained that the remaining SOL will be sent to the DAO treasury once the deadline is up, but the direction for its utilization is uncertain. These possibilities range from airdrops, grants, or other form of community contribution. However, this lack of user control has raised concerns within the public domain.
“Unjust enrichment” claims could follow, lawyers say
According to Burwick Law, Metaplex’s broad strategy is legally risky and might result in unjust enrichment and legal action under consumer protection laws. In an open letter published on April 22, the firm stated that many NFT holders were never properly informed of the resizing procedure or the risks of failing to meet the deadline.
“Many minters never received clear notice that these lamports could be swept, let alone diverted to a treasury they do not control,” Burwick stated. The firm noted that the platform decision erodes decentralization as it points to ‘‘Code is law’’ is only valid provided the code is understood and unchangeable. If a protocol can rewrite yesterday’s deal tomorrow, then the idea of decentralized permanence is more like an empty sound.”
Burwick recommends refund with DAO bounty
Burwick additionally urged Metaplex to halt its execution and provide direct refunds to current holders of NFTs. It included a 90/10 plan where 90% of the remaining SOL unclaimed would be redistributed to users while 10% would be set aside to pay for the running of the DAO.
The law firm framed the compromise as a middle ground protecting user rights, ensuring DAO funding, and averting legal disputes. Burwick reports that other DeFi projects have taken similar measures to address refunds on rents without seeking legal action.
“The ball is in the DAO’s court,” Burwick wrote. “Let’s show the world that Web3 corrects its own course and lives up to its founding principles of transparency, immutability, and fair dealing.”
The letter also reflects the discontent of many NFT collectors, including Burwick, who feel that the organization could be a medium for misusing the funds raised.
Burwick has several cases of representing clients who invested in tokens but whose tokens were mismanaged. Further, its current legal action filed against the LIBRA token team for alleged insider trading is its way of standing firm in investor protection within the digital asset market. As reported by Cryptopolitan, the law firm claimed that Kelsier, KIP, Meteora, and others conspired to conduct an unfair token issuance of LIBRA.
In February, Burwick sent a cease and desist letter to Pump.fun stating that the latter is using their logos and names of the tokens by offering them on the platform. The letter called for the “immediate removal” of tokens such as Dog Shit Going No Where (DOGSHIT2) because the firms claimed that they were being “impersonated” by the tokens through the illicit use of intellectual property.
Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
**An Open Letter to @metaplex and Solana Industry Leaders**
The Metaplex SOL Sweep: Why User Rent Should Flow Back to the Community, Not a DAO Treasury
On April 25, 2025, the Metaplex protocol plans to relocate about 54,000 SOL in “unclaimed resize rent” from user‑funded…
— Burwick Law (@BurwickLaw) April 22, 2025
Recently, Metaplex launched a resize optimization for Token Metadata (TM) NFTs that allows the holders to get a small refund of SOL by April 25. The optimization arises from a technical change that shrinks the space the NFTs occupy in the Solana protocol. However, despite such adoption, over 54,000 SOLs worth more than $6.5M are believed to still be unclaimed, according to data found on Metaplex’s website.
The protocol previously explained that the remaining SOL will be sent to the DAO treasury once the deadline is up, but the direction for its utilization is uncertain. These possibilities range from airdrops, grants, or other form of community contribution. However, this lack of user control has raised concerns within the public domain.
“Unjust enrichment” claims could follow, lawyers say
According to Burwick Law, Metaplex’s broad strategy is legally risky and might result in unjust enrichment and legal action under consumer protection laws. In an open letter published on April 22, the firm stated that many NFT holders were never properly informed of the resizing procedure or the risks of failing to meet the deadline.
“Many minters never received clear notice that these lamports could be swept, let alone diverted to a treasury they do not control,” Burwick stated. The firm noted that the platform decision erodes decentralization as it points to ‘‘Code is law’’ is only valid provided the code is understood and unchangeable. If a protocol can rewrite yesterday’s deal tomorrow, then the idea of decentralized permanence is more like an empty sound.”
Burwick recommends refund with DAO bounty
Burwick additionally urged Metaplex to halt its execution and provide direct refunds to current holders of NFTs. It included a 90/10 plan where 90% of the remaining SOL unclaimed would be redistributed to users while 10% would be set aside to pay for the running of the DAO.
The law firm framed the compromise as a middle ground protecting user rights, ensuring DAO funding, and averting legal disputes. Burwick reports that other DeFi projects have taken similar measures to address refunds on rents without seeking legal action.
“The ball is in the DAO’s court,” Burwick wrote. “Let’s show the world that Web3 corrects its own course and lives up to its founding principles of transparency, immutability, and fair dealing.”
The letter also reflects the discontent of many NFT collectors, including Burwick, who feel that the organization could be a medium for misusing the funds raised.
Burwick has several cases of representing clients who invested in tokens but whose tokens were mismanaged. Further, its current legal action filed against the LIBRA token team for alleged insider trading is its way of standing firm in investor protection within the digital asset market. As reported by Cryptopolitan, the law firm claimed that Kelsier, KIP, Meteora, and others conspired to conduct an unfair token issuance of LIBRA.
In February, Burwick sent a cease and desist letter to Pump.fun stating that the latter is using their logos and names of the tokens by offering them on the platform. The letter called for the “immediate removal” of tokens such as Dog Shit Going No Where (DOGSHIT2) because the firms claimed that they were being “impersonated” by the tokens through the illicit use of intellectual property.
Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
must be accountable
TreasureNFTxyz
TreasureNFTxyz
Treasur NFT Exploited Poor people in Pakistan — Suicides Reported
Treasur NFT has scammed countless poor, working-class, and innocent people in Pakistan by luring them with false promises of doubling their money. The situation is so severe that at least three victims have committed suicide.
These individuals had borrowed money from others with the hope of earning profits through investments in Treasur NFT. However, after taking their funds, the platform blocked withdrawals and refused to return their money, leading to devastating consequences.
Treasur NFT has scammed countless poor, working-class, and innocent people in Pakistan by luring them with false promises of doubling their money. The situation is so severe that at least three victims have committed suicide.
These individuals had borrowed money from others with the hope of earning profits through investments in Treasur NFT. However, after taking their funds, the platform blocked withdrawals and refused to return their money, leading to devastating consequences.
#SaylorBTCPurchase
seems will remain average performer the #BTC
might not explode as being speculated.
seems will remain average performer the #BTC
might not explode as being speculated.
Professor Mende - Bonuz Ecosystem Founder
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🐋 Whale Awakens After 2.8 Years - Scoops $5,880,000 in ETH!
After nearly 3 years of silence, a sleeping giant just made a move. One Ethereum whale just bought 3,659.83 ETH worth $5.88 million - after being inactive since 2021.
Timing? Impeccable. With ETH retesting long-term support and the market gearing up for a potential new macro leg, this isn’t just a buy... it’s a statement. Whales don’t chase pumps. They load up when it’s quiet. They know what’s coming.
The smart money is moving, so should you. #Ethereum #ETH #Altcoins #Altcoin #VitalikButerin $ETH
After nearly 3 years of silence, a sleeping giant just made a move. One Ethereum whale just bought 3,659.83 ETH worth $5.88 million - after being inactive since 2021.
Timing? Impeccable. With ETH retesting long-term support and the market gearing up for a potential new macro leg, this isn’t just a buy... it’s a statement. Whales don’t chase pumps. They load up when it’s quiet. They know what’s coming.
The smart money is moving, so should you. #Ethereum #ETH #Altcoins #Altcoin #VitalikButerin $ETH
praying & wishing if could achieve
Want to know how to turn $20 into $4800 in a month?
Here's how
Here's how
Gk_Aronno
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Solana Vs Bitcoin: New All-Time High In Late 2025
$SOL
Solana vs Bitcoin has not been bullish since March 2024 and is about to go bullish now after more than a year of no growth. It went sideways first and then it produced a crash but finally, the market found support.
What we have here is simply awesome because there is no better trade than to trade against Bitcoin when Bitcoin is going up. SOLBTC growing while Bitcoin also grows.
Support was already tested and confirmed. It is over. We are now green.
SOLBTC moved below 0.618 Fib. retracement but bounced before reaching 0.786. Support was found right at the middle. The action recovered back above 0.618 and this is super bullish. This is literally as bullish as it gets and prices are extremely good right now. Bottom prices. The lowest possible before the next bullish wave.
I mentioned with XRPBTC (visit my profile) that the project is developing nicely and a new All-Time High is very likely, high probability. The same is true for SOLBTC. This is another project that is growing very fast and there is strong support from the market and great adoption across the world. Solana is one of the top Altcoins, this we all know.
This week is the second green week with a full green candle. The action will be up, up, up, like late 2023 and early 2024. Something similar but the final swing will be much stronger, the bull market bull run.
It is likely that the end price, the new All-Time High, will go beyond what is shown on the chart.
Namaste.
Solana vs Bitcoin has not been bullish since March 2024 and is about to go bullish now after more than a year of no growth. It went sideways first and then it produced a crash but finally, the market found support.
What we have here is simply awesome because there is no better trade than to trade against Bitcoin when Bitcoin is going up. SOLBTC growing while Bitcoin also grows.
Support was already tested and confirmed. It is over. We are now green.
SOLBTC moved below 0.618 Fib. retracement but bounced before reaching 0.786. Support was found right at the middle. The action recovered back above 0.618 and this is super bullish. This is literally as bullish as it gets and prices are extremely good right now. Bottom prices. The lowest possible before the next bullish wave.
I mentioned with XRPBTC (visit my profile) that the project is developing nicely and a new All-Time High is very likely, high probability. The same is true for SOLBTC. This is another project that is growing very fast and there is strong support from the market and great adoption across the world. Solana is one of the top Altcoins, this we all know.
This week is the second green week with a full green candle. The action will be up, up, up, like late 2023 and early 2024. Something similar but the final swing will be much stronger, the bull market bull run.
It is likely that the end price, the new All-Time High, will go beyond what is shown on the chart.
Namaste.
#Greed
How I lost over $13,000 in Trump coin 😞
It sounds weird I know. Now ask me what made me incur such a big loss.
GREED
A friend gave me 19,153 to invest in trump coin which I did. Fast forward to 6 hours later, I was in profit of about $5,000 I never cared to sell. 24hrs later 24,153 was left with $9k, I ended up selling at deficit of over $13,000 #greed
It sounds weird I know. Now ask me what made me incur such a big loss.
GREED
A friend gave me 19,153 to invest in trump coin which I did. Fast forward to 6 hours later, I was in profit of about $5,000 I never cared to sell. 24hrs later 24,153 was left with $9k, I ended up selling at deficit of over $13,000 #greed
Bad Scamers
Quoted content has been removed
useful hints
How to make 300 upto $700 daily here on binance based with my experience,yes it's absolutely possible. with 7 Simple and solid plans.
1. Pick 1–2 coins like BTC or ETH. These move well and are reliable.
2. Use a simple strategy like trading breakouts or trend reversals. Stick to one that you understand.
3. Trade during active hours — New York or London sessions. That’s when the best moves happen.
4. analyse the Market starting from the bigger time frame e.g 1hr to 15 minutes so you can get a bigger picture where the Market is heading.
5. Only take clean setups — If it looks messy or unsure, skip it.
6. Stay consistent — Trade less, but better. Quality over quantity.
7. Grow slowly — Start small. Once you’re consistent, increase your trade size.
No hype. No guessing. Just discipline and patience. That’s how you hit $500/day.
1. Pick 1–2 coins like BTC or ETH. These move well and are reliable.
2. Use a simple strategy like trading breakouts or trend reversals. Stick to one that you understand.
3. Trade during active hours — New York or London sessions. That’s when the best moves happen.
4. analyse the Market starting from the bigger time frame e.g 1hr to 15 minutes so you can get a bigger picture where the Market is heading.
5. Only take clean setups — If it looks messy or unsure, skip it.
6. Stay consistent — Trade less, but better. Quality over quantity.
7. Grow slowly — Start small. Once you’re consistent, increase your trade size.
No hype. No guessing. Just discipline and patience. That’s how you hit $500/day.
#Strange
The blockchain is full of bots placing orders, do not buy spot, a crash is not far away.
practical example 💰👏
Short traders reading optimistic predictions 😂
Wow, potentially greatest opportunity for corrupt leaders/officials
"Listen up, Pakistan!"🇵🇰🇵🇰🇵🇰🇵🇰 #PKR_BINANCE
"Express your opinion"
"No more printing rupees — now we mine
them!"
😄😁😁😁😁😁😁🤣🤣🤗🤗🤗🤗
"روپیہ اب چھپے گا نہیں، مائن ہوگا!" 😄😄😄😄😄🥰🥰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰
"Express your opinion"
"No more printing rupees — now we mine
them!"
😄😁😁😁😁😁😁🤣🤣🤗🤗🤗🤗
"روپیہ اب چھپے گا نہیں، مائن ہوگا!" 😄😄😄😄😄🥰🥰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰
required to cover losses
#PowellRemarks
💰 $100 $SOL GIVEAWAY
To enter:
- RT + Like
- Follow me (🔔)
⏳24h
Twitter link: https://x.com/connorcrd/status/1912503425587126746?t=Ilo2XflGpjqIjzTwCp4RSw&s=19
#VoteToDelistOnBinance #CanadaSOLETFLaunch #BitcoinWithTariffs #BinanceAlphaAlert $BNB $SOL
💰 $100 $SOL GIVEAWAY
To enter:
- RT + Like
- Follow me (🔔)
⏳24h
Twitter link: https://x.com/connorcrd/status/1912503425587126746?t=Ilo2XflGpjqIjzTwCp4RSw&s=19
#VoteToDelistOnBinance #CanadaSOLETFLaunch #BitcoinWithTariffs #BinanceAlphaAlert $BNB $SOL
unimaginable & sad
your 34 dollar profit was my loss then I stopped trading if I had 5 dollars I would have started trading again 😘
sad, very sad
Futures Trading
In my first year (2022) of trading futures, I lost all my investment - about $25,000.
Of course, I didn't start with losses. At the beginning, I was printing money taking big risks without understanding leverage and market fluctuations. Then Solana tanked and I lost it all in a day. It was a terrible time for me.
Now, I understand better how terribly volatile the crypto market can be, and I'm learning everyday how to manage my margin ratios. Millionaires will be made in this market and I plan to be among them.
So what's your story?
How much did you make or lose when you started trading futures?
#Write2Earn
#SOLUSDT!
#margin
#futuretrader
In my first year (2022) of trading futures, I lost all my investment - about $25,000.
Of course, I didn't start with losses. At the beginning, I was printing money taking big risks without understanding leverage and market fluctuations. Then Solana tanked and I lost it all in a day. It was a terrible time for me.
Now, I understand better how terribly volatile the crypto market can be, and I'm learning everyday how to manage my margin ratios. Millionaires will be made in this market and I plan to be among them.
So what's your story?
How much did you make or lose when you started trading futures?
#Write2Earn
#SOLUSDT!
#margin
#futuretrader
wow,
thriller activity
thriller activity
claim free KAVA 120,000 🤑🤑
come fast and earn Extra bonus 😀
https://www.binance.com/activity/trading-competition/kava-challenge?ref=417747741
#BitcoinWithTariffs #CanadaSOLETFLaunch #BinanceAlphaAlert #BitcoinWithTariffs #USElectronicsTariffs
$KAVA
come fast and earn Extra bonus 😀
https://www.binance.com/activity/trading-competition/kava-challenge?ref=417747741
#BitcoinWithTariffs #CanadaSOLETFLaunch #BinanceAlphaAlert #BitcoinWithTariffs #USElectronicsTariffs
$KAVA
hope
💰Win You Free Reward Here 💰
$SOL
$WCT
#CanadaSOLETFLaunch
#USElectronicsTariffs #MetaplanetBTCPurchase
$SOL
$WCT
#CanadaSOLETFLaunch
#USElectronicsTariffs #MetaplanetBTCPurchase
reality?
You just have not gained enough knowledge before starting. Learn to read charts. Start with small amounts that you can effort to lose.
yes
Wow! I just claimed 1500 $SHIB for FREE — in just one click!
If you want it too, then:
Drop an awesome comment In the second comment, just write “YES” I’ll send you the secret link
Hurry up, this offer won’t last forever!
Attention Please:
Before you drop a comment, make sure the “Repost as Reply” option is turned ON — so your comment reaches the right place. Thanks!
#FreeSHIB #CryptoGift #SamarKhanCrypto #BinanceMission
If you want it too, then:
Drop an awesome comment In the second comment, just write “YES” I’ll send you the secret link
Hurry up, this offer won’t last forever!
Attention Please:
Before you drop a comment, make sure the “Repost as Reply” option is turned ON — so your comment reaches the right place. Thanks!
#FreeSHIB #CryptoGift #SamarKhanCrypto #BinanceMission
Right to; Only-Rich-to-surviv/ in other words
Like movie Kingsman: Golden Ring
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