Early Ethereum advisor: The Ethereum Foundation was involved in the 2016 Gatecoin hack

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Early Ethereum advisor Steven Nerayoff has provided an update on his lawsuit against co-founders Vitalik Buterin, Joseph Lubin and the Ethereum Foundation. To further deepen the case, Nerayoff teamed up with on-chain detectives TruthLabs to unearth on-chain evidence that allegedly implicated Buterin, Lubin, and the Ethereum Foundation in fraudulent activities. TruthLabs discovered evidence that the Ethereum Foundation was involved in the 2016 Gatecoin hack, which resulted in the loss of 185,000 ETH and 250 BTC. Nerayoff also reached out to other Ethereum insiders who could provide solid evidence of alleged fraudulent activity. In a detailed statement on

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