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The Connection Between Ethereum Co-Founder Vitalik Buterin and Shanghai Wanxiang Blockchain Draws Scrutiny Amid Prometheum's SEC Compliance

June 21 (Cointime) - The connection between Ethereum co-founder Vitalik Buterin and Wanxiang Blockchain Labs has recently gained attention due to the scrutiny of Prometheum's regulatory compliance. Buterin has a history with Wanxiang, as the non-profit organization purchased $500,000 worth of Ethereum in 2015 to help pay developers. Buterin was also listed as the Chief Scientist for Wanxiang Blockchain Labs during Blockchain Week 2016. Prometheum had a strategic partnership with Shanghai Wanxiang Blockchain, but terminated the agreement in 2021 after joint development was deemed unviable.

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