Why This Crypto Insider Claims Ethereum’s Co-Creators Are 1000x Bigger Fraudsters Than Sam Bankman-Fried

Why This Crypto Insider Claims Ethereum’s Co-Creators Are 1000x Bigger Fraudsters Than Sam Bankman-Fried
фото показано с : zycrypto.com

2023-11-6 01:42

Steven Nerayoff, an early advisor to the developers of the Ethereum network, has dropped bombshells regarding ETH co-founders. Nerayoff claims that their fraudulent activities by far exceed the criminal scheme of former Boy Wonder Sam Bankman-Fried. 

Steven Nerayoff Accuses Ether Founders Of Massive Fraud

Steven Nerayoff has boldly alleged that Ethereum founders Vitalik Buterin and Joseph Lubin are bigger fraudsters than the now-convicted Sam Bankman-Fried.

Nerayoff made this wild allegation regarding Buterin and Lubin in a recent post on X (formerly known as Twitter). According to the ex-Ethereum advisor, the pair committed more fraudulent activities regarding the ETH coin than Bankman-Fried.

“Ethereum is the fraudulent elephant in the room in plain sight 1000x bigger than SBF,” Nerayoff opined. 

Bankman-Fried orchestrated one of the biggest financial frauds in American history, involving his crypto exchange FTX and its sister trading firm Alameda Research. SBF’s scheme to pilfer funds from FTX customers and lenders to purchase luxury property, Binance’s stake in FTX, and political favor unraveled, taking the 31-year-old MIT graduate down with it. He was recently convicted on all seven counts and faces up to 110 years in prison.

Do Ethereum Founders Have Ties To Corrupt SEC Officials? 

Nerayoff did not offer any substantial evidence to back up his explosive allegations against Ethereum’s Buterin and Lubin, but he cited key figures in the U.S. government such as ex-SEC chair Jay Clayton and current chair Gary Gensler, who reportedly had private dealings with the duo.

“Joe Lubin & Vitalik Buterin have been the front with corrupt officials at the highest levels of federal agencies such as Clayton, Gensler & many others. Cover this now,” Nerayoff asserted.

Nerayoff’s claims imply that Ethereum’s executives likely bribed high-ranking government officials, giving the project an unfair advantage in the cryptocurrency market. The bribery claim is that Ethereum execs gave the U.S. Securities and Exchange hush money to turn a blind eye to the network’s ICO and thus not lodge securities violation charges.

All in all, the credibility of Nerayoff’s allegations isn’t helped by his own reputation for often stretching the truth: He has labeled himself as one of the eight Ethereum co-creators in the past, which has been dismissed as baloney by other early Ethereum contributors.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 3718.61 (+1.03%)
Объем 24H $40.128b
Изменеия 24h: 19.71 %, 7d: 27.98 %
Cегодня L: $3496.53 - H: $3718.75
Капитализация $446.707b Rank 2
Цена в час новости $ 1901.49 (95.56%)

ethereum developers early advisor network eth co-founders

Источник: zycrypto.com

ethereum developers → Результатов: 126


Ethereum: How Early Devs Got Rewarded With 12 Million ETH?

It is no secret that early Ethereum (ETH) ICO buyers later became whales and potential multi-millionaires. But the project also seemed extremely generous to its developers. Ethereum Devs Got Paid for Short-Term Involvement Ethereum, which went through multiple phases of pre-mining, actual mining, and as much as eight hard forks, has always been accompanied by the guidance of Vitalik Buterin and a small, fluctuating team of developers.

2019-12-28 15:10


Ethereum (ETH) Core Developers Propose an ASIC Resistant Upgrade

The Ethereum (ETH) Core Developers had a meeting on the 4th of January that discussed several developments on the network such as the upcoming Constantinople and Istanbul hard forks. Another EIP (Ethereum Improvement Proposal) that was discussed, was one meant to update the current hashing algorithm to reduce the incentive to mine Ethereum using ASICs […] The post Ethereum (ETH) Core Developers Propose an ASIC Resistant Upgrade appeared first on Ethereum World News.

2019-1-8 16:15


Ethereum Developers to Postpone Constantinople Hard Fork until January 2019

Ethereum core developers made it known in the last bi-weekly meeting on Friday, October 19, 2018, that Ethereum’s next system-wide upgrade Constantinople, will be postponed until 2019. It had been initially primed for release in November 2018 but the discovery of several bugs in the code released on Ethereum’s public testnet Ropsten, made developers opt […] The post Ethereum Developers to Postpone Constantinople Hard Fork until January 2019 appeared first on Coinjournal.

2018-10-23 15:11


Фото:

Breeze Wallet with Breeze Privacy Protocol Mainnet Now Available for Download

The Breeze Wallet with the Breeze Privacy Protocol public mainnet has been released and is now open to the public. The wallet showcases Stratis technology — a platform built for visual basic apps and blockchain solutions — and places heavy emphasis on both privacy and security for businesses seeking to implement business-to-business (B2B) transactions on the Stratis and Bitcoin blockchain networks.

2018-8-4 00:02


RatingToken Discovers 12,000 Identical Smart Contracts Deployed by One Ethereum Address

The Ethereum ecosystem has attracted many developers and companies over the years. Its native smart contracts have proven to be of great value in unlocking new and interesting use cases. For some reason, there has been a rather steep surge in Ethereum smart contract production over the past few days. Some of this activity seems […]

2018-7-26 20:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru