– Blockchain analysts initially flagged a $15 million USD Coin (USDC) transfer from Vitalik Buterin to crypto exchange Gemini.
– However, the Ethereum Foundation clarified that this was not the case and that it was a transfer from a charity multisig wallet, with Buterin’s Ethereum Name Service (ENS) signing off on it.
– The funds never actually left Buterin’s wallet, and the transfer was made to fund a grant for Kanro, a biotech charity addressing COVID-19 and other pandemic-related issues.
– Buterin’s crypto transfers have been in the spotlight recently, with previous transfers totaling over $3.9 million in September.
– This clarification highlights the importance of accurate analysis and interpretation of blockchain transactions.
