Ethereum

<p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/news/ethereums-past-exposed-former-ethereum-insider-threatens-revelation-of-fraud/">Ethereum’s Past Exposed : Former Ethereum Insider Threatens Revelation of Fraud</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p>
<p>In a recent Spaces post, Neyaroff hinted at an upcoming release of audio transcripts, asserting, “I’m going to ‘drop it’ as an NFT,” implying a no-cost, widespread distribution.</p>
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   <p lang="en" dir="ltr">Trimmed audio and transcript from my talk on the best Spaces on X. <a href="https://twitter.com/Crypto_TownHall?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Crypto_TownHall</a> <a href="https://t.co/Ccr35gRVLN" rel="noopener noreferrer nofollow">pic.twitter.com/Ccr35gRVLN</a></p>— Steven Nerayoff (@StevenNerayoff) <a href="https://twitter.com/StevenNerayoff/status/1723137249108435073?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 11, 2023</a>
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<p>Neyaroff revisited the ‘ETH Gate’ incident, focusing on the SEC’s treatment of Ethereum as a utility token and referencing a pivotal speech by former SEC director Will Hinman.</p>
<p>He alleged that the SEC’s handling of Ethereum differed significantly from its actions against Ripple and XRP, questioning the validity of claims regarding Ethereum’s decentralization during Hinman’s speech.</p>
<h2 class="wp-block-heading" id="strong-implications-on-investor-sentiment-and-potential-legal-fallout-strong"><strong>Implications on Investor Sentiment and Potential Legal Fallout</strong></h2>
<p>While Neyaroff emphasized his lack of animosity towards Ethereum, his claims have sown doubt among investors. He warned that the public release of his recordings might instigate legal action against Ethereum founders, specifically mentioning Vitalik Buterin and others.</p>
<p>He highlighted the U.S. Securities and Exchange Commission and the Department of Justice as key entities potentially deciding on any criminal actions based on the evidence disclosed.</p>

Ethereum’s Past Exposed : Former Ethereum Insider Threatens Revelation of Fraud

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