EthGate is Real
Copyright wEeZiE {X}💭FireGaryGensler @NerdNationUnbox
NEW: More info on the investigation into the @ethereum Foundation from
@leomschwartz and @jeffjohnroberts
“According to a person at a company who received a recent subpoena request, the SEC’s probe of the Swiss-based Ethereum Foundation began shortly after the blockchain’s shift to a new governance model known as “proof-of-stake” in September of 2022.”
https://twitter.com/Cashout4Apollo/status/1770502091988984298/photo/1
https://twitter.com/NerdNationUnbox/status/1669226886185078785
let me get this straight…
-#Hinman’s Simpson Thacher helps #Alibaba IPO
-Alibaba and Wanxiang partner to create a bank in China
-@VitalikButerin founds #Ethereum
-JPMorgan disguised whale?
-JPMorgan assists in creating the EEA
-Vitalik goes to China to look for funding
-Wanxiang buys $500m in #ETH
-JPMorgan works with Consensys to create JPM coin & focus on cross border payments becoming Ripple competitor
–Wanxiang founds Blockchain Lab
-@Vitalik becomes “Chief Scientist” at Wanxiang Blockchain Lab
-Hinman joins the #SEC
-Ethereum forms a coalition (Brooklyn Project) to help them get thru the regulatory door & create a monopoly
-#Ripple sued and becomes embroiled in a 2 year battle with the SEC
-Wanxiang advances their mission to expand Ether in China with #Fenbushi, #HashKey, WanCloud & others
Fun Fact: Wanchain which is backed by Wanxiang, #Fenbushi & China Growth Capital is currently a member of the Enterprise Ethereum Alliance #EEA.
SEC probing crypto companies in Ethereum investigation as hopes for ETF dim
https://www.coindesk.com/business/2024/03/20/ethereum-foundation-under-investigation-by-state-authority/
@digitalassetbuy
There’s a reason nobody will say the word: #ETHGATE
“When I start putting the pieces together in hindsight you start to realize that something had been planned way in advance and all of this was a pre-planned event and I’m talking about Ethereum as a whole.”
https://twitter.com/digitalassetbuy/status/1768090922611249266
see
https://rumble.com/v4j0xu6-greatest-fraud-ever-attempted.html
SEC probing crypto companies in Ethereum investigation as hopes for ETF dim
https://fortune.com/crypto/2024/03/20/sec-gary-gensler-ethereum-security-commodity-crypto-foundation/
Below, you can see a basic forensics map, highlighting that Ethereum Foundation setup the Eth Main wallet. The Eth main wallet setup 0x556b. 0x556b sent gas money to the wallet 0x8266, who was the original Funder of the Official GateCoin Hackers wallet, 0x1342. https://twitter.com/BoringSleuth/status/1747666468962263100
TruthLabs @BoringSleuth
Jan 17
One reason the Ethereum Foundation may have gone on a hacking spree at the time, is because they were on the verge of Collapse. They themselves forecasted to run out of funds during the exact same period of the Gatecoin and TheDAO exploits.
TruthLabs
@BoringSleuth
Did you know that Ethereum forecasted themselves in September 2015 to run out of money in June 2016 at their current run rate?
https://twitter.com/BoringSleuth/status/1740643104196001801
June 2016 was when The DAO hack took place. Some Dao devs of course had Eth Foundation multisig authority, as well as the Dao curators, and well, so did the Dao “whitehats”. I’m fairly certain, so did the Dao hackers :). The exploit drove massive volatility (and opportunity for a trade if you knew) in ETH price, locking up about more than 25% of ETH’s outstanding token supply, and the theft of more than 5% of the Total outstanding Eth supply at the time.
@BoringSleuth
You really should be following what @stevennerayoff is saying. I say this because Steven has what I lack, and I have what Steven has lacked.
https://twitter.com/BoringSleuth/status/1715551784939278463
Steven provides first hand narrative behind the early days of Ethereum, where he worked directly with Vitalik Buterin and Joe Lubin, among others who founded Ethereum. Much of Ethereum’s original structure, and internal decisions around Org structure, Token design (GAS), were concepts created and directed to the Ethereum founders. He also understands their financial situation as they navigated being a startup without runway, and the timing of in which they had what they had, and what they needed to survive. This is all documented, and in due time, you will all get to see it.
What I, and my associates have is the opposite of Steven. We have the On-chain receipts, that provide the depth and evidence to back up Steven’s evidence. For instance, perhaps, ethereum needed money to extend their Runway at the time of The DAO hack. Not only hacking the DAO, locking up a ton of Ethereum, but also Trading a massive position against ETH was a way to immediately provide CASH to the Ethereum Foundation. Cash essential for them to provide the runway needed to survive a Bear Market.
Perhaps, they got too comfortable with this model: Rugging their own protocols to extend the life of their Blockchain built on stories, theft, and fraud. As Rick James once famously said, “Greed is a Helluva Drug”… Okay, maybe he said “Cocaine is a Helluva drug”, but you get the drift. Speaking of Cocaine, did you see the problem that came out this week on LUBIN!? Massive drug problems correlate highly with criminal activities, just sayin.
In closing, pay close attention to Steven. I believe you will start to see a well rounded picture of the actual Truth begin to form, and show the TRUTH behind the Foundation Ethereum was built on.
Always Stay Curious My Friends,
Boring Sleuth