There’s a conspiracy principle circulating that the US Central Intelligence Company (CIA) is a secret backer of Solana.
As the idea goes, Solana founder Anatoly Yakavenko is a Ukrainian immigrant to the US, and for that purpose, may be simply swayed by a robust authorities company.
Not solely that, he’s not antisemitic and will even be Jewish himself. On condition that hypothesis round Jewish management of varied points of society is deeply rooted in conspiracy circles, this alone is sufficient to make claims about Yakavenko’s supposed CIA backing simpler to swallow.
Solana famously additionally bought early allocations of its native SOL token to teams of rich, well-connected, and highly effective enterprise capitalists. This, in keeping with the idea, violated the ideas of the Cypherpunks and will properly have been a approach for the CIA to achieve alliances on the higher echelons of society.
Learn extra: Has CZ adopted a Solana information account whereas in jail?
One factor is true: The CIA is energetic in crypto
Critics of Solana word that the CIA has quite a few crypto operations, corresponding to its secretive Swiss cryptography firm, Crypto AG. As an intelligence-gathering company, the CIA surveils communication networks corresponding to Tor and has “a number of different projects focused on cryptocurrency,” in keeping with its director’s personal admission.
Lastly, the idea that Solana is secretly an asset of the CIA is (apparently) additional evidenced by the Securities and Alternate Fee’s elimination of civil allegations towards unregistered gross sales of SOL tokens. This pleasant cooperation between US authorities businesses ostensibly signifies the involvement of the world’s premier overseas intelligence company.
Learn extra: ‘Dead’ Solana DeFi platform nonetheless holds $43M of Alameda Analysis funds
In keeping with conspiracy theorists, all of this explains Solana’s curious rise to energy, market-beating rally, and skill to outlive past its preliminary dismissal as a so-called ‘Sam coin.’ Previous to the collapse of FTX, most individuals merely assumed that Solana was helpful primarily as a result of Sam Bankman-Fried supported it.
Nonetheless, Bankman-Fried is now in jail, and Solana has rallied over 11X since his empire collapsed in November 2022.
Acquired a tip? Ship us an electronic mail or ProtonMail. For extra knowledgeable information, comply with us on X, Instagram, Bluesky, and Google Information, or subscribe to our YouTube channel.