- Steven Nerayoff accuses Ethereum founders of massive fraud, surpassing SBF’s wrongdoing by 1000x.
- He implies close ties between Buterin, Lubin, and allegedly corrupt U.S. government officials.
- The allegations stem from theories of bribery surrounding Ethereum’s ICO.
Steven Nerayoff, a lawyer who has served as an advisor for Ethereum, has candidly alleged that the founders of Ethereum are greater fraudsters than the disgraced ex-CEO of FTX Sam Bankman-Fried (SBF), who is now dealing with a fraud trial.
Nerayoff made the allegation on X in response to an update concerning the prosecution of Bankman-Fried. He particularly made mention of Vitalik Buterin and Joe Lubin in his allegation. According to him, Buterin and Lubin are a hundred times bigger fraudsters than Bankman-Fried.
In Nerayoff’s words,
Ethereum is the fraudulent elephant in the room in plain sight, 1000x bigger than SBF.
Furthermore, the lawyer argued that Buterin and Lubin have close relationships with allegedly corrupt top-ranking U.S. government officials. He particularly mentioned the names of serving and past chairman of the U.S. Securities and Exchange Commission (SEC), Jay Cl…
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