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Kanro, a biotech charity associated with Vitalik Buterin, transfers $15M to finance grants.

Kanro, a biotech charity associated with Vitalik Buterin, transfers $15M to finance grants.

– Blockchain analysts initially flagged a $15 million USD Coin (USDC) transaction involving Ethereum co-founder Vitalik Buterin as a transfer to the Gemini crypto exchange.

– However, the Ethereum Foundation clarified that the transfer was actually Buterin’s Ethereum Name Service (ENS) signing off on a transfer from a charity multisig wallet to fund a grant.

– The funds never left Buterin’s wallet, and the transfer was related to his biotech charity Kanro, which aims to address COVID-19 and other pandemic-related issues.

– Buterin’s various crypto transfers have been under scrutiny in recent months, with transfers from his wallets totaling over $3.9 million in September alone.

– This clarification highlights the importance of accurate analysis and reporting in the blockchain space.

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