Overview of Vitalik Buterin’s Recent Activity
Vitalik Buterin, the co-founder of Ethereum, responded to critics’ accusations regarding the sale of his acquired ETH since 2018. He clarified that all sales were to support valuable projects, such as biomedical research and development, within the Ethereum ecosystem or broader charity initiatives.
Buterin’s Address to Allegations
Recently, Buterin transferred 800 ETH to a multisig wallet, leading some in the crypto community to speculate that he was liquidating his ETH holdings. However, Buterin emphasized that none of his ETH has been sold for personal gain, with proceeds supporting charitable causes or nonprofit organizations.
Buterin’s Commitment to Ethereum and Philanthropy
Despite holding approximately 90% of his net worth in ETH, Buterin remains dedicated to supporting various projects through donations. Over the years, he has contributed significantly to initiatives like ethOS, animal welfare funds, and COVID-19 relief efforts in India, showcasing his philanthropic endeavors within the crypto space.
