Ethereum co-founder accused of cryptocurrency fraud

Lawyer and former Ethereum advisor Steven Nerayoff has made another scandalous accusation against the blockchain’s co-founder Віталій бутерін" href="https://noworries.news/biography/vitalij-buterin/" data-bio-id="3642">Vitalik Buterin. Nerayoff accused the father of Ethereum of plagiarism and borrowing his ideas and inventions.

The lawyer questioned the «creative intelligence» of the current Ethereum leadership ETH $3,349.31 Ethereum -2.70% Market capitalization $402.57 billion VOL. 24 hours $0.61 billion and said that Buterin never invented anything of substance and was the only reason why the network is unable to scale properly.

«Did Vitalik invent anything? No, he didn’t do anything. He slept on my couch and copied my inventions. Ethereum has never scaled. It was me who created Utility Tokens and came up with the ICO. Vitalik and Joseph Lubin only sabotaged the cryptocurrency. Their goal was to simply launch hundreds or thousands of fraudulent ICOs and rob people,» Nerayoff wrote in his blog.

The lawyer believes that all participants in the Ethereum ecosystem would be in much better shape if Gavin Wood and Charles Hoskinson stayed on the project and Vitalik Buterin and Joseph Lubin left, as «the latter two are useless and harmful, while the former two are brilliant and productive.»

Steven Nerayoff has publicly accused Vitalik Buterin and Joseph Lubin of fraudulent activities that surpass the collapse of the FTX cryptocurrency exchange. Nerayoff also believes that the former administration of the U.S. Securities and Exchange Commission (SEC) was corrupt at the initial launch of the Ethereum network.

In September, Buterin became a victim of a hacker attack. The attackers used the SIM card spoofing method and published messages about the distribution of NFTs on his behalf. Users' losses exceeded $ 690,000.