An insider with intimate knowledge of Ethereum’s origins has promised to soon reveal alleged fraudulent activities by co-founder Vitalik Buterin. Steven Nerayoff, an early player in Ethereum’s history, announced on November 12 that he would disclose proof within the following 4-5 days concerning misconduct claims against Buterin and fellow co-founder Joe Lubin.
Nerayoff has been increasingly vocal in recent weeks regarding accusations that he says eclipse even the scandal involving crypto exchange FTX. Through posts on the social media platform X, Nerayoff revealed the imminent release of evidence supporting his long-running allegations of fraud by Ethereum’s founders.
“Should be within 48 hours hopefully less. Logistics, setting up smart NFTs, etc.,” Nerayoff stated about the impending reveal.
His online communications have focused heavily on Buterin, implying his extensive involvement in the purported misconduct.
“Is Vitalik the savior they bill him as to make Ethereum scale or is he the reason it never scaled? Decide for yourselves,” Nerayoff posted.
The recording is about saving the Ethereum Foundation not directly on the fraud but it’s illuminating in many areas…Ethereum Insider Ready For Battle: ETH Founders' Fraud Proof Coming In 4-5 Days | https://t.co/7fm1OlyQcm https://t.co/XtSz8T8gtm
— Steven Nerayoff (@StevenNerayoff) November 12, 2023
He went on to directly question Buterin’s innovations related to Ethereum, bluntly stating the co-founder did not actually invent anything. Nerayoff even accused Buterin and Lubin of intentionally promoting fraudulent initial coin offerings on Ethereum’s network, severely hindering the entire cryptocurrency industry.
“Their focus was merely to issue hundreds or thousands of