Ethereum Foundation’s $654 Million Transfer Sparks Debate on Transparency

The Ethereum Foundation recently transferred 160,000 ETH, worth approximately $654 million, sparking debates regarding transparency and financial accountability within the organization. While blockchain analytics firm Arkham Intelligence linked the transaction to a wallet previously associated with Ethereum sales, the Foundation maintains it was a routine wallet migration. However, the timing and scale of the transfer have raised questions about how the non-profit manages its substantial reserves and whether its internal decisions align with community expectations. [Continue body text here]