The Sam Bankman-Fried-backed crypto Solana has lost nearly all its value this year and is still crashing as key projects bail

The Sam Bankman-Fried-backed crypto Solana has lost nearly all its value this year and is still crashing as key projects bail

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Solana, once praised as a viable rival for Ethereum, has tumbled almost 70% since the collapse of Sam Bankman-Fried's empire, and is down 94% in 2022. • The token was heavily backed by Bankman-Fried, and his companies held large positions on their books. • The disgraced crypto founder said over…

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