Yesterday co-founder Ethereum Vitalik Buterin donated 400 ETH (equivalent to over $1 million) to four Ukrainian charities, Limitless Labs co-founder Rev Miller said.
Vitalik Buterin sent 100 ETH ($261) to organizations such as Crystal Hearts, Polymath -Kids and the United Humanitarian Front, as evidenced by Etherscan data.
One of them is a non-profit organization supported by his family. This assistance was made possible by the sale of memecoins MOODENG, EBULL, DOG and others.
This strategy is far from new for Buterin, as creators of new projects have been sending him their tokens for a long time in the hopes of increasing their prestige and curbing supply inflation.
Co-founder Ethereum sells free coins received at the peak of their value and directs the proceeds to medical research, the fight against certain diseases, and support for new interesting initiatives in the blockchain industry.
In early October 2024 Vitalik Buterin donated 30 ETH in support of the co-founders of Tornado Cash, as he does not believe that it is right to fight against the creators of technologies. In his opinion, those who abuse innovative solutions should bear responsibility.
