Malicious accounts spread rumors that Solana can be shut down manually! Solana Foundation: $400,000 bounty available, feel free to try.

Fyi there's a $400k reward for anyone that can find code that can turn off Solana

Please go ahead and find ithttps://t.co/2oxcB0EEyx

— Jacob Creech @jacobvcreech October 12, 2023

Malicious Account Spreads False Claims of Solana Shutdown

The Twitter account Inner City Press shared many statements from witnesses during SBF's trial, and in the statement records of SBF's lawyer Mark Cohen and former CEO of Alameda Research Caroline Ellison, an malicious account named Awful Jesse impersonated Inner City Press and made false claims, as follows:

• Cohen: Was Solana a centralized token before?
• Ellison: Yes, Solana is a venture capital blockchain, we can open or close it at will.
• Cohen: Have you ever needed to close it?
• Ellison: Yes, to liquidate users who were going long.
• Cohen: Who shut down Solana?
• Ellison: The FTX developers.

After this statement was exposed, the masses deceived by the fake news shared this message extensively in the crypto community. The post has been reposted over 800 times and has received nearly 1,500 likes. Compared to other posts by Inner City Press, this fake news can be said to have spread the fastest and been seen by the most people.

Upon seeing this phenomenon, Jacob Creech, Developer Relations Lead at the Solana Foundation, seemed to want to express how absurd the statement was. He mentioned that the Solana Foundation has a bounty of $400,000 for anyone who can find the code that can shut down Solana.

Shutdown a Thing of the Past? Solana Operating Normally

The reason the malicious account Awful Jesse made this statement was undoubtedly to criticize the multiple shutdowns Solana experienced from last year to early this year, coupled with the close relationship between SBF and the Solana ecosystem. This has somewhat tarnished Solana's image after the collapse of FTX.

According to DeFiLlama's data, Solana's TVL plummeted sharply after November last year and currently stands at around $300 million. However, according to the incident reports on the Solana official website, Solana has not experienced any shutdowns since February this year and has been running normally for over 8 months.