Ethereum co-founder gets $100 million back from CryptoRelief

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03 Feb 2022
3 min read

News Synopsis

The co-founder of Ethereum, Vitalik Buterin has got back nearly $100 million worth of donated crypto. Ethereum co-founder Vitalik Buterin is getting back a share of Shiba Inu coins. He donated it to Indian COVID-19 Relief Fund, called CryptoRelief in the year 2021.

Recently Buterin reported on Twitter that CryptoRelief is sending $100 million (about Rs 745 crore) in cryptocurrencies from the 'Shiba Fund'. Buterin said he plans to 'personally deploy these funds' into some 'high-risk, high-reward, science and relief projects around the world. He has also set up a new organization named Balvi, which will oversee the process of deploying funds on his behalf.

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