The Ethereum Foundation will find itself under legal scrutiny over its alleged involvement in the 2016 Gatecoin hack soon. The revelations, put forward by on-chain forensic analyst TruthLabs (@BoringSleuth on X, formerly Twitter), have sparked intense discussions and are now leading to an independent legal investigation.
Ethereum Foundation’s Involvement Will Be Legally Investigated
TruthLabs conveyed the initiation of this probe in a post, asserting, “I received FANTASTIC news tonight that a Law Firm is launching an independent investigation into the Gatecoin hack and the Ethereum Foundation’s involvement due to this post last week.”
This development follows a series of previous posts where TruthLabs accused the foundation and its key figures, including Vitalik Buterin and Joseph Lubin, of being “directly involved in the GateCoin exploit, resulting in the theft of over $450M of ETH.”
He added, “It’s been exactly one week since I shared undeniable evidence that the Ethe
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