Ethereum Whistleblower Reveals When Proof Of ETH Founders’ Fraud Will Be Released
November 18 2023 - 9:40AM
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Amid the ongoing Ethereum scandal, former Ethereum advisor and
attorney Steven Nerayoff has recently revealed how he plans on
sharing proof of Ethereum founders’ fraud activities in the early
days of the cryptocurrency asset. Ethereum Founders’ Fraudulent
Acts To Be In Lawsuit Following an X (formerly Twitter) post by a
user Heidi from Crytotips, the crypto enthusiast was seen trying to
underscore the lack of authenticity from Nerayoff’s claims.
According to her, his accusations were a no-brainer due to the
disclosure lacking proof of his accusations. Related Reading:
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Interest Surge However, Nerayoff in response to the video, asserted
that he never claimed his accusations were going to be in the
disclosure highlighting the crypto enthusiast’s lack of proper
research. He further added that he is going to reveal the
fraudulent acts of the founders in his lawsuit. Nerayoff had always
noted that his recording was not actually linked to his accusations
but rather his involvement with Vitalik Buterin. “The recording
isn’t directly related to the fraud but will illuminate a lot of
what was happening & show my involvement. The fraud will be in
the lawsuit,” Nerayoff stated. Furthermore, the crypto expert also
pointed out Nerayoff’s accusations towards federal agencies.
According to her, the former advisor was a little paranoid with his
accusations. During an X space, Nerayoff accused some high federal
agencies of fabricating evidence against him in order to take him
out. These include the SEC, FBI, and the DOJ. Total crypto market
cap currently at $1.3 trillion. Chart: TradingView.com Nonetheless,
in response to that, Nerayoff has asserted that this was actually
proven and publicly filed. “The paranoia about the agencies? Well,
that’s actually proven & publicly filed,” Nerayoff stated.
Crypto Asset Is Not Decentralized From The Onset It appears
Nerayoff’s claims about ETH not being decentralized from the early
days are authentic. The post also saw the crypto enthusiast
pointing out Nerayoff’s claims of ETH not being decentralized from
the beginning. According to her, cryptocurrencies are not expected
to be decentralized from the start and only the core team members
know about a crypto asset from the start. If the expert is right
then this basically means Will Hinman’s speech in 2017, about the
asset being decentralized from the start was inaccurate.
During the early days of the asset, Hinman asserted the
decentralized nature of ETH, when it was considered as a security
by the SEC. According to him, ETH was too decentralized to be
considered a security. Related Reading: Crypto Acceptance Grows As
Fidelity Joins Race For A Spot Ethereum ETF So far, both founders
still have not responded to Nerayoff’s accusations. Nerayoff
believes that their silence is due to the evidence he has against
them. “Vitalik & Lubin are vicious if they have leverage. Lubin
said to me in July 2018 about a network “It’s a centralized piece
of sh*t” right after the Hinman speech! They stay silent because
I’ll drop more receipts,” Nerayoff stated. Featured image from
Pixabay
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