Kyle Samani, a Multicoin Capital co-founder and former managing partner, said developers building in the Solana ecosystem should recognize that Multicoin is “working against everything you are building.” His criticism followed a joint filing by Multicoin and the Hyperliquid Policy Center supporting the CFTC as the sole federal regulator of exchange-traded prediction markets and calling for clearer rules and greater transparency in contract approvals. Samani stepped back from Multicoin’s management in February 2026 but remains a prominent Solana advocate.