Ethereum Foundation Criticized for Lack of Transparency in $100 Million Kraken Transfer

The Ethereum Foundation is under fire for transferring 35,000 ETH, worth about $100 million, to the Kraken exchange without informing the community. On August 23, on-chain analytics firm Lookonchain reported the transaction, sparking widespread concern. In response, Aya Miyaguchi, the Executive Director of the Ethereum Foundation, clarified that the transfer aligns with the Foundation’s... source: https://beincrypto.com/ethereum-foundation-criticized-for-eth-transfer/