Analysis Today TheBitTimes.com

Solana’s (SOL) most recent crypto market moves have spooked investors as the cryptocurrency experienced a relatively sudden price drop of 24.84% in the last 30 days. A possible explanation for the movements – which saw approximately $10 billion flee Solana’s market cap in the last week – came on June 24 when Crypto Bitlord, a prominent cryptocurrency influencer, made an X post claiming they heard rumors that SOL is under investigation . The influencer noted:  Picks for you How rich is Kansas' senator: Roger Marshall's net worth revealed 19 mins ago Hermetic Labs to offer blockchain consulting services 36 mins ago ...

The investigation centers around Ronaldinho's company '18kRonaldinho', which promised clients daily profits of over 2% through crypto investments. Brazilian soccer star Ronaldinho Gaúcho could be detained by authorities to testify over a crypto fraud investigation in Brazil. According to local media reports, Ronaldinho failed to appear before the country's Congress over a pyramid scheme probe allegedly linked to one of his companies. The former Paris Saint-Germain, F.C Barcelona and AC Milan star failed to testify at a congressional hearing on Aug. 24, citing adverse weather conditions, and ignoring a subpoena for the second time. According to congressman Aureo Ribeiro, he will have another opportunity to testify on Aug. 31. In the event that Ronaldinho fails to appear, law enforcement officials may take him before the committee. Witnesses subpoenaed to appear before Congress have a duty to do so, as per Brazil's law. Witnesses who fail to comply with a subpoen...