Vitalik Buterin Reveals Amount of ETH he’s Holding
Cryptovest
Published Oct 11, 2018 03:00PM ET
Updated Oct 11, 2018 04:21PM ET
Vitalik Buterin Reveals Amount of ETH he’s Holding
Vitalik Buterin has revealed how much ETH he’s holding. The founder of the Ethereum blockchain responded to allegations by NYU economist and critic of cryptocurrencies Nouriel Roubini, who labeled Buterin and Ethereum co-founder Joseph Lubin as thieves and scammers.
“I never personally held more than ~0.9% of all ETH,” said Buterin in a tweet. “My net worth never came close to $1b. Also, I'm pretty sure there are no criminal laws against pre-mining.”
Later Buterin released a statement which contained detailed information on all his holdings and trades. According to the statement, the 24-year-old developer holds no more than 365,003 ETH, currently worth just under $73,7 million. During Ethereum’s peak in 2017, such an amount would have been worth more than $500 million, but according to the Ethereum co-founder, he had ‘considerably less than...
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