Ethereum co-founder Vitalik Buterin addresses allegations of profiting from ETH sales, emphasizing his long-term support for Web3 projects and charities.
Ethereum co-founder Vitalik Buterin refuted allegations that he sold millions of dollars of Ether (ETH) for personal profit. He claimed to have sold his ETH holdings only to support various crypto projects and philanthropic initiatives.
On Aug. 30, a crypto community member on X accused Buterin of dumping over $2 million worth of Ether (800 ETH) after making a bullish tweet. Onchain analytics firm Lookonchain further suggested that the same wallet address received 3,000 ETH from the entrepreneur on Aug. 9.
Source: Lookonchain
