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Ethereum Foundation Defends $96.9M Transfer Amidst Criticism

Ethereum Foundation Defends $96.9M Transfer Amidst Criticism


Bitcoin.com
2024-08-25 22:30:24

On Aug. 23, 2024, the Ethereum Foundation made a significant transaction by transferring 35,000 ETH, valued at approximately $96.9 million based on current ether rates. The transaction sparked some criticism from the crypto community, with a few voices raising concerns about the foundation’s transparency. However, the foundation’s executive director quickly clarified that the transfer was


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