{"id":16580,"date":"2024-08-31T16:56:23","date_gmt":"2024-08-31T13:56:23","guid":{"rendered":"https:\/\/forklog.com\/en\/vitalik-buterin-denies-selling-his-eth-holdings\/"},"modified":"2024-08-31T16:56:23","modified_gmt":"2024-08-31T13:56:23","slug":"vitalik-buterin-denies-selling-his-eth-holdings","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/vitalik-buterin-denies-selling-his-eth-holdings\/","title":{"rendered":"Vitalik Buterin Denies Selling His ETH Holdings"},"content":{"rendered":"<p>Ethereum co-founder Vitalik Buterin has reiterated that he has not sold his own ETH and has kept the proceeds since 2018.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I haven\u2019t sold and kept the proceeds since 2018. All sales have been to support various projects that I think are valuable, either within the ethereum ecosystem or broader charity (eg. biomedical R&#038;D)<\/p>\n<p>\u2014 vitalik.eth (@VitalikButerin) <a href=\"https:\/\/twitter.com\/VitalikButerin\/status\/1829801352500801538?ref_src=twsrc%5Etfw\">August 31, 2024<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cAll sales have been to support various projects that I think are valuable, either within the Ethereum ecosystem or for charity,\u201d he wrote.<\/cite><\/p><\/blockquote>\n<p>Buterin was responding to accusations from a user claiming he was \u201ctalking about random technical stuff while ignoring all discussions about his ETH sales.\u201d<\/p>\n<p>A user named blknoiz06 defended him, emphasizing that the Ethereum co-founder created the second most significant project in crypto history, and \u201cit\u2019s okay to make some profit.\u201d<\/p>\n<p>In October 2023, Buterin had already stated that he had not sold ETH for personal gain since 2018.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cIf you see an article saying \u2018Vitalik sends XXX ETH to [exchange],\u2019 it\u2019s not me selling; it\u2019s almost always a donation to a charitable, non-profit, or other project. The recipient sells because they need to cover expenses,\u201d he explained at the time.<\/cite><\/p><\/blockquote>\n<p>These clarifications followed a report from PeckShield analysts about a transfer of 14.93 million USDC to the Gemini cryptocurrency exchange from the wallet associated with Buterin, vitalik.eth.<\/p>\n<p>In June 2023, Buterin and Polygon head Sandeep Nailwal pledged $100 million to the Kanro fund for COVID-19 pandemic research.\u00a0<\/p>\n<p>In August 2024, the Ethereum co-founder disclosed his salary at the Ethereum Foundation \u2014 182,000 Singapore dollars (~$140,000) per year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum co-founder Vitalik Buterin has reiterated that he has not sold his own ETH and has kept the proceeds since 2018. I haven\u2019t sold and kept the proceeds since 2018. All sales have been to support various projects that I think are valuable, either within the ethereum ecosystem or broader charity (eg. biomedical R&#038;D) \u2014 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16579,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46,200],"class_list":["post-16580","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum","tag-vitalik-buterin"],"aioseo_notices":[],"amp_enabled":true,"views":"62","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=16580"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16580\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/16579"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=16580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=16580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=16580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}