The Ethereum Foundation is facing a legal investigation related to its alleged involvement in the 2016 Gatecoin hack.
On-chain forensic analyst TruthLabs, known as @BoringSleuth on platform X and previously Twitter, brought forth these serious allegations, sparking debates and prompting an independent legal probe.
The investigation will closely examine the Ethereum Foundation's potential role in the hack.
TruthLabs' revelations have garnered widespread attention and concern, highlighting the high-stakes nature of the blockchain technology environment.
The outcome of this investigation could have significant implications for Ethereum and the entire cryptocurrency industry.