Ethereum Foundation Clarifies ETH Sale Origin

According to Odaily, Hsiao-Wei Wang, Co-Executive Director of the Ethereum Foundation (EF), clarified on platform X that the address responsible for selling 1,210 ETH this morning does not belong to the EF. Instead, it is associated with Argot Collective, a nonprofit development organization that was previously spun off from the EF. Earlier reports indicated that the Ethereum Foundation had committed to providing three years of operational funding to Argot Collective to support its work on the Solidity language and other essential open-source infrastructure for Ethereum.