Ethereum and its founders have been the target of various accusations in the last couple of weeks ranging from fraud to the blockchain being run by the Chinese.
On-chain investigator Boring Sleuth has been one of the most vocal when it comes to Ethereum founders’ alleged wrongdoing, tying the network to the Chinese. The most recent iteration of this is the investigator sharing an investigation into the blockchain that could provide insight into how much Chinese investors dominate the network.
Chinese Investors Own Majority Of ETH
In the investigation that was shared by Boring Sleuth, it showed that Chinese investors could control a major portion of the ETH supply. This is because Ethereum founder Vitalik Buterin reportedly prioritized Chinese investments in the early days of the network.
Apparently, Buterin had flown multiple times to China to meet with investors and would eventually even learn Mandarin to give a keynote speech. Buterin also met with Deng Chao, an investment manager
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