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Ethereum Foundation Suspected of Secretly Transferring 30,098 ETH, Community Members Dispute Claim

  • Controversy arose when a transaction of 30,098 ETH was deposited into the lending platform Sky, sparking speculation about the Ethereum Foundation's involvement.
  • Several community members disputed the claim, stating that the wallet address used was associated with an early Ethereum investor, not the Ethereum Foundation.
  • The Ethereum Foundation has faced scrutiny for swapping ETH for stablecoins to pay salaries, leading to suggestions that they could be borrowing stablecoins to repay loans with ETH.
  • While the wallet address did receive a transfer from the Ethereum Foundation's ETH sale in 2022, it is more likely linked to an early ETH investor rather than the Foundation itself.

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