- Vitalik Buterin and Joseph Lubin are accused of sabotaging crypto by a former Ethereum advisor.
- Nerayoff asserted that the co-founders engaged in undisclosed dealings with the SEC.
- He also claimed that the Ethereum network never scaled due to Buterin.
Vitalik Buterin and Joseph Lubin, Ethereum’s co-founders, are accused of sabotaging crypto and engaging in fraudulent initial coin offerings by former advisor Steven Nerayoff. In several posts on “X” and an episode on the blockchain podcast channel Crypto Town Hall, Nerayoff explains he has recordings to buttress his claims.
Did Vitalik invent anything? No he did not. Ethereum never scaled bc of him. Only killer app was issuing Utility Tokens on ICOs both of which I invented. Vitalik & Lubin sabotaged crypto. Their focus was merely to issue hundreds or thousands of fraudulent ICOs fleecing people.— Steven Nerayoff (@StevenNerayoff) November 14, 2023
In his podcast appearance, Nerayoff asserted that Buterin and Lubin engaged in undisclosed dealings with government officials, specifically the U.S. Securities and Exchange Commission (SEC). The aim was, allegedly, to shape a regulatory environment favorab…
The post Ethereum Insider Releases A Bombshell Against Buterin and Lubin appeared first on Coin Edition.