Ethereum co-founder Vitalik Buterin has denied allegations that he sold millions of dollars of Ether (ETH) for personal profit. On Aug. 30, a crypto community member accused Buterin of dumping over $2 million worth of Ether (800 ETH) after making a bullish tweet. The same wallet address received 3,000 ETH from the Buterin on August 9. According to Buterin, he never sold any ETH for profit but to financially support various Web3 projects and charities. Buterin also recently defended Ethereum against claims that the blockchain “doesn’t care” about decentralized finance.

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