Ethereum (ETH) founder Vitalik Buterin, one of the most important names in the cryptocurrency industry, receives gift altcoins from many projects.
Buterin states that all altcoins sent to his wallet by altcoin teams are donated to charity each time.
At this point, “Family Non-Profit Organization”, one of the places where Buterin donated altcoins, announced that they received Ethereum with the donations.
Rev Miller, head of the Family Nonprofit, said that Vitalik Buterin donated $1 million to four humanitarian organizations in Ukraine and that ETH was purchased with these donations.
Stating that one of the organizations to which Buterin donated was the foundation he founded, Miller said that the donations they received consisted of memecoins such as MOODENG, EBULL and DOG.
Finally, Miller stated that memecoins such as MOODENG, EBULL, and DOG were sold after donations and replaced with ETH.
“Vitalik donated 400 ETH (over $1 million) to four humanitarian organizations in Ukraine.
One of these nonprofits is our family organization that helps children affected by the war in Ukraine. We are very grateful to Vitalik Buterin and the community.
This donation was made possible thanks to ETH exchanged from meme coins like MOODENG, EBULL and DOG. Thank you, memecoins!”
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/ukrainian-organization-sold-the-memecoins-donated-by-ethereum-founder-vitalik-buterin-and-bought-this-altcoin-instead/