Ethereum founder Vitalik Buterin donates $1 billion worth of ‘meme coins’ to India COVID Relief Fund


Ethereum founder, Vitalik Buterin donated 500 ETH and over 50 trillion SHIB (Shiba Inu), a meme coin, worth around $1.14 billion to India's COVID-Crypto Relief Fund and is one of the largest-ever individual philanthropy efforts.


Sandeep Nailwal, who put together the Indian relief fund and co-founded crypto organization Polygon, said in a tweet that he won’t do anything that hurts “any community specially the retail community involved with SHIB.” The relief fund plans to do a “thoughtful liquidation” to meet its goals. “We have decided to convert the donation slowly over a period of time,”

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