News Snapshot:
The group’s spokesperson did not immediately respond to a request for comment as to who beneficially owned the majority of StepN coins. On April 28, about three months after the seed funding round from groups including Alameda, Sequoia Capital, Solana Capital and 6th Man Ventures, the StepN coin ballooned to an undiluted market cap of $US2.4 billion at a peak price of $US4.05. The leaked document details Maclaurin Investments Ltd (formerly known as Alameda Ventures) as the StepN investor via a simple agreement for future tokens (SAFT), This is described as a security issued for the future transfer of digital...
