Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (2,478)
  • Analysis (2,632)
  • Bitcoin (3,236)
  • Blockchain (1,982)
  • DeFi (2,370)
  • Ethereum (2,276)
  • Event (92)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (2,425)
  • Press Releases (10)
  • Reddit (1,903)
  • Regulation (2,262)
  • Security (3,111)
  • Thought Leadership (3)
  • Videos (43)
Hand picked
  • Saylor’s Bitcoin stash will be very hard for anyone to match: Pomp
  • BTC and ETH ETF Outflows Signal “Attenuated” Institutional Participation
  • Grayscale predicts “rapid” 1,000x growth for this crypto asset class by 2030
  • “High Quality” Alts Like XRP Offer Better Upside Potential Than BTC, Says Analyst
  • Next crypto at 100x? This new crypto under $0.05 could outperform Dogecoin (DOGE)
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Ethereum»The chain investigator drops Ethereum Bombshell, Vitalik Buterin involved in a hacking of Gatecoin of $ 500 million?
Ethereum

The chain investigator drops Ethereum Bombshell, Vitalik Buterin involved in a hacking of Gatecoin of $ 500 million?

January 26, 2025No Comments
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Vitalik Buterin From Medium.png
Share
Facebook Twitter LinkedIn Pinterest Email


New reports reveal that an investigator on the chain has raised allegations connecting Vitalik ButerinThe founder of Ethereum, at the hacking of Gatecoin of $ 500 million in 2016. According to the Sleuth Crypto, the Etherin Foundation would have transferred funds to the main portfolio of the Gatecoin pirates.

Buterin accused of having contributed to Gatecoin Hack

Truthlabs, a popular crypto investigator and Sleuth on X (formerly Twitter), A accused Buterin to be directly involved in the first Hack of Ethereum in 2016, which led to the loss of tokens worth more than $ 500 million today. The Crypto analyst revealed that the financing of the Gatecoin pirate portfolio had only received ETH from only three sources of portfolio.

Gatecoin’s original crypto portfolio was funded by a Portfolio belonging to Ethereum FoundationA non -profit organization that supports ETH blockchain. The second financing portfolio is from the Genesis Block 0 account of Ethereum. This portfolio interacted with two primary addresses – a user controlled Poloniex portfolio and a contract implemented by Buterin.

Truthlabs also revealed that the third and last portfolio that financed Gatecoin pirates was generated in a similar way from a Genesis 0 block. The crypto investigator alleged that the third anonymous portfolio was directly linked to the nucleus Ethereum developerVlad Zamfir.

Based on these new developments, Truthlabs revealed that a large unchanging book is currently indicating that Buterin and members of the Ethereum Foundation were involved in the hacking of Gatecoin of $ 0.5 billion. He said Gatecoin’s exploitation most likely occurred 30 days before the foundation was to lack money. In addition, this chronology precedes the Dao feat, which saw millions of dollars lost just a few weeks after Gatecoin’s hack.

For the moment, there has been no official response from Buterin or the Ethereum Foundation concerning the allegations made by Truthlabs. The cryptographic community also awaits additional clarification and confirmation of the involvement of Buterin as the story takes place.

Silk Road Bitcoin put under the spotlight

While he accuses Buterin of being connected to Gatecoin Hack 2016Truelabs too common Overview of recent developments involving the founder of Silk Road Ross Ulbricht. According to the claims of the crypto investigators, the Bitcoin seized of the Silk Road portfolio helped finance the ICO 2014 project of Ethereum and the BTC portfolios.

The analyst alleged that Ross’s incarceration had funded the creation of the Ethereum FoundationLike the BTC of Silk Road and Mt. Gox had helped develop the foundation. Truthlabs also called Buterin for not having shown his support to Liberation of Ulbricht After being sentenced to life imprisonment without the possibility of parole in 2015.

Shouting the founder, Truthbs described it as a “stain on the word integrity”, accusing Buterin of shaking his moral responsibilities. The chain investigator says Buterin built the Ethereum Foundation using Silk Road bitcoin But failed to publicly defend the release of Ulbritch – a largely champion within the cryptographic community.

Ethereum
ETH negotiating $ 3,289 on the 1D graph | Source: Ethusdt on tradingView.com

Medium star image, tradingView.com chart



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleKraken 如何管理客户安全 – Kraken Blog Kraken Blog
Next Article What is the Bitcoin National Reserve?

Related Posts

Ethereum

Reasons why Ethereum price will continue to fall

December 24, 2025
Ethereum

67% of Ethereum stable transfers are P2P, but not the volume

December 24, 2025
Ethereum

Ethereum institutional accumulation continues: Bitmine buys $88 million worth of ETH

December 24, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Riyadh to Host Global AI Show 2026: Where Minds and Machines Meet

December 19, 2025

Riyadh is set to become the global stage for modern artificial intelligence with the upcoming Global…

Event

Powering the Future of Play: Riyadh Welcomes the Global Games Show 2026

December 18, 2025

Riyadh is ready to host gamers and developers from all over the world with Global…

1 2 3 … 68 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

Grayscale predicts “rapid” 1,000x growth for this crypto asset class by 2030

December 24, 2025

Upexi shares fall after $1 billion filing to expand Solana treasury

December 24, 2025

Kalshi Research Shows Prediction Markets Beat Wall Street

December 24, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 87,358.00
ethereum
Ethereum (ETH) $ 2,935.93
tether
Tether (USDT) $ 0.999618
bnb
BNB (BNB) $ 839.57
xrp
XRP (XRP) $ 1.87
usd-coin
USDC (USDC) $ 0.999942
solana
Wrapped SOL (SOL) $ 122.25
tron
TRON (TRX) $ 0.283404
staked-ether
Lido Staked Ether (STETH) $ 2,933.02
dogecoin
Dogecoin (DOGE) $ 0.128238