Vitalik Buterin Denies Selling Ethereum for Personal Gain…#ETH 🧐

Vitalik Buterin, one of the founders of Ethereum, has denied accusations of selling Ethereum for personal gain, explaining that the sales were made to support crypto projects and charitable causes. His long-term commitment to the crypto field has been widely supported by the community, highlighting his ethical stance in the world of cryptocurrencies.

Did Buterin Sell Ethereum?

On January 30, a user on X accused Buterin of selling 800 ETH worth approximately $2 million. Onchain analytics firm Lookonchain suggested that the same wallet received 3,000 ETH from Buterin on January 9. However, Buterin clarified that these sales were made solely to support crypto projects and charitable causes. In a post on X today, Buterin defended his right to profit by selling some of the ETH tokens he has acquired over the past seven years. He emphasized that none of these sales were for personal gain and that all proceeds were used for projects within the Ethereum ecosystem and broader charitable efforts. Buterin specifically noted that he has not made any personal profits from any ETH sales since 2018.