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Ethereum Foundation
So What If Ethereum Foundation Holds Fiat?
According to the Ethereum Foundation’s (EF) 2022 annual report, the non-profit organization holds $300 million, nearly 20% of its treasury, in non-crypto investments. “The Hash” group discusses the extensive size of the Ethereum Foundation's treasury, the need for fiat investments given crypto market volatility, and Ethereum's highly anticipated merge to a proof-of-stake consensus mechanism.
Former Ethereum Developer Virgil Griffith Sentenced to 5+ Years in Prison for North Korea Trip
CoinDesk U.S. Regulatory Reporter Cheyenne Ligon discusses the sentencing of former Ethereum developer Virgil Griffith, who will be serving over five years in prison for breaking international sanctions during his 2019 trip to Pyongyang. Ligon discusses her take on the purpose of Griffith’s trip to North Korea, his role in the Ethereum Foundation, and the atmosphere in the courtroom.
