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Metaplex Faces Legal Heat Over Plans to Redirect User Funds

  • Metaplex is facing legal scrutiny from Burwick Law over its transfer of more than 54K unclaimed SOL.
  • Holders have until April 25, 2025, to reclaim funds.
  • Burwick Law argues that many NFT holders were never clearly notified that their unused funds might be swept into a treasury they don’t control.
  • Burwick has proposed a resolution that includes pausing the token sweep and refunding remaining rent directly to NFT holders.

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