Danny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.
Sam Bankman-Fried once infamously offered to buy all the Solana tokens he could for $3 each. On Friday, while testifying at his criminal trial, he revealed he'd actually started buying SOL much earlier in its history, at 20 cents apiece.
SOL has been described as a"Sam Coin" due to its close association with Bankman-Fried. He and his companies invested heavily in Solana-based projects and assets, and evangelized its brand prior to FTX's collapse last November.
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