Vitalik says ‘at present’ his donations yield better gains than investments
The commentary came as the Ethereum co-founder denies allegations that he’s cashing out crypto for profit.
Ethereum co-founder Vitalik Buterin recently explained that he would no longer invest in layer-2 projects and that all proceeds from selling Ether would be donated “to support public goods within the Ethereum ecosystem or broader charity.”
Buterin’s remarks came in response to questions raised by users on X.com over a recent slate of cryptocurrency transfers he’d been involved in. As Cointelegraph recently reported, Buterin was accused by crypto denizens on social media of dumping millions in Ether (ETH) for personal profit. He subsequently denied these allegations saying that “all sales have been to support various projects that I think are valuable.”
Source: Vitalik Buterin
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Author: Tristan Greene
