Ethereum

2024

<ul class="news-points">
 <li><strong>Former Ethereum advisor’s tweets hint at legal risks in Ethereum’s ICO structure and regulatory scrutiny.</strong></li>
 <li><strong>Allegations arise over Lubin’s ICO share, contrasting with SEC claims, hinting at fraud.</strong></li>
 <li><strong>Ethereum faces a crisis of trust amid debates on its governance and transparency.</strong></li>
</ul>
<p>Recent revelations have stirred the cryptocurrency community as <a href="https://coinedition.com/market-correction-hits-ethereum-eth-but-solana-sol-and-blastup-blp-remain-unfazed/" rel="noopener noreferrer nofollow">Ethereum</a> co-founder Joseph Lubin voiced concerns over the use of the term “ICO” and its implications. A <a href="https://www.coindesk.com/markets/2017/10/26/did-ethereum-ico-founder-joe-lubin-gives-uncertain-answer/" target="_blank" rel="noopener noreferrer nofollow">CoinDesk article</a> highlighted the Ethereum team’s discomfort with the term, fearing it may draw unwanted regulatory scrutiny.<br></p>
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   <p lang="en" dir="ltr">In an article by <a href="https://twitter.com/CoinDesk?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@CoinDesk</a>, it was revealed that he and other Ethereum team members dislike the term ICO due to its potential to attract unwanted attention from regulators. If you have concerns about this, it could be an indication that you have something to hide. I structured… <a href="https://t.co/FlqcSkyiYA" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/FlqcSkyiYA</a></p>— Steven Nerayoff (@StevenNerayoff) <a href="https://twitter.com/StevenNerayoff/status/1769347679782338943?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">March 17, 2024</a>
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<p>Joseph Lubin, who is also the founder and CEO of blockchain development firm ConsenSys, prefers to avoid language akin to traditional securities to mitigate attention from financial regulators. Former Ethereum advisor Steven <a href="https://coinedition.com/former-ethereum-advisor-says-buterin-used-web3-to-defraud-the-world/" rel="noopener noreferrer nofollow">Nerayoff</a>, in his …</p>
<p>The post <a href="https://coinedition.com/ethereum-co-founder-raises-alarm-on-ico-language-and-regulatory-risks/" rel="noopener noreferrer nofollow">Ethereum Co-Founder Raises Alarm on ICO Language and Regulatory Risks</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Ethereum Co-Founder Raises Alarm on ICO Language and Regulatory Risks

Coin Edition

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