New reports reveal that an investigator in the chain has taken up allegations of connection Vitalik ButerinThe founder of Ethereum, to the Gatecoin hack of $ 500 million in 2016. According to Cryptocurrency, Buterins Ethereum Foundation should have transferred money to the primary wallet of the Gatecoin Hack.
Buterin is accused of contributing to Gatecoin-Hack
Truthlabs, a popular crypto editor and expert on X (formerly Twitter), have the accused Buterin to be directly involved in Ethereum’s first hack 2016, which led to the loss of tokens worth over $ 500 million today. The crypto analyst revealed that the wallet that funded the Gatecoin hacker had received ETH from only three wallet sources.
The Gatecoin hacker’s original crypto loan book is alleged to have been funded by an wallet owned by Ethereum BasicA non-profit organization that supports the ETH block chain. The second financing wallet came from Ethereum’s Genesis Block 0 account. This wallet interacted with two primary addresses – a user controlled Polonix wallet and a contract drawn up by Buterin.
Truthlabs also revealed that the third and last wallet that funded Gatecoin hackers were in a similar way generated from a genesis 0 block. The crypto editor claimed that the anonymous third wallet was directly linked to the core Ethereum developerVlad Zamfir.
Based on this newfound development, Truthlabs revealed that an unchanging accounting currently indicates that Buterin and members of the Ethereum Foundation are alleged to have been involved in the Gatecoin hack of $ 0.5 billion. He explained that Gatecoin utilization most likely occurred 30 days before the foundation was scheduled to end. In addition, this timeline DAO exploitation, which saw millions of dollars, lost just a few weeks after the Gatecoin hack.
So far, there has been no official response from Buterin or Ethereum Foundation regarding the charges from Truthlabs. The cryptogue community is also waiting for further clarification and confirmation of Buterin’s commitment as the story develops.
Silk Road Bitcoin sat in the limelight
While he accuses the Buterin of being connected to 2016 Gatecoin HackTruthlabs as well shared Insights in the latest developments involving Silk Roads founder Ross Ulbricht. According to the Kryptout editors’ claims, Bitcoin, who was seized from Silk Roads, helped to finance Ethereum’s 2014 ICO projects and BTC wallets.
The analyst claimed that Ross captivating had funded the creation of Ethereum FoundationBecause BTC from Silk Road and MT. Gox had helped develop the foundation. Truthlabs also called out buterin to have failed to show support for Ulbricht’s release After he was sentenced to life imprisonment in 2015 without the possibility of conditional release.
Truthlabs criticized the founder and described him as a “spot on the word integrity”, and accused Buterin of pulling away his moral responsibility. The investigator at the chain claims that Buterin built the Ethereum Foundation by means Silk Roads Bitcoin but failed to publicly advocate for Ulbritch’s release – a thing in general Master within the cryptogue community.
