- Vitalik Buterin, Ethereum co-founder, faces scrutiny over his investment decisions.
- Mr. Huber raises questions about Buterin’s investment strategies, specifically in Ethereum, Shiba Inu, and Dogecoin.
- Buterin is criticized for contradictory statements, expressing skepticism about Dogecoin while reportedly investing $25,000 in the project.
A recent tweet thread by on-chain sleuth Mr. Huber has sparked conversations about the financial situation of Ethereum co-founder Vitalik Buterin. Mr. Huber raises questions about Buterin’s investment decisions, alleging that his project is on the verge of financial collapse.
Mr. Huber begins the thread by questioning Vitalik Buterin’s investment strategies, particularly in relation to Ethereum, Shiba Inu, and Dogecoin. He accuses Buterin of consistently selling at the perceived market top, suggesting that Buterin’s actions are not coincidental but strategic. According to Mr. Huber, informing crypto insider friends before making significant sales implies a deliberate effort to influence the market.
Huber on his Twitter handle wrote:
Of course, never without informing others first only to act confused how he always manages to sell the top. Anyone who informs his crypto insider friends that he is about to sell millions of coins is not hitting the top, but causing it!
The tweet thread also highlights Buterin’s contradictory statements. While expressing skepticism about Dogecoin and claiming that investing in it makes no sense, Buterin reportedly invested $25,000 in the project. This move appears incongruent, according to Huber, especially considering Buterin’s previous statements about Ethereum lacking funds for the development of Ethereum 2.0.
Mr. Huber goes further to assert that Vitalik Buterin is facing financial challenges, suggesting that his project is teetering on the brink of collapse. The tweet questions the rationale behind Buterin injecting $25,000 into a project he deems worthless.
Mr. Huber concludes by speculating that influential figures like Buterin may plan market manipulations years in advance, leveraging their substantial holdings to sway smaller market caps effortlessly.
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Source: https://coinedition.com/vitalik-buterins-project-is-in-financial-trouble-warns-mr-huber/