On-chain researcher BoringSleuth has unveiled a series of groundbreaking findings linking the mysterious Shiba Inu founder Ryoshi to some of the most influential people and organizations in the cryptocurrency space. A researcher post published earlier today claimed that Ryoshi had ties to Binance developer Vitalik Buterin, Wanxiang and even the Chinese Communist Party (CCP) more than two years before Shiba Token (SHIB) launched.
BoringSleuth teasing Wire Already tweeted yesterday: “Tonight’s post reveals that Shiba Inu Creator was connected to Vitalik Buterin, Binance Dev, Wanxiang and the largest on-chain criminal organization more than two years before SHIB was launched. “
Shiba Inu Founder’s Network
The researchers carefully traced the origin of the Shiba Inu Deployer wallet responsible for the official launch of the SHIB token on July 31, 2020. According to BoringSleuth, the wallet was originally set up 29 months ago, on February 18, 2018, and was initially used to trade CryptoKitties and some Ethereum transfers.
BoringSleuth’s investigation follows the Shiba Inu Deployer wallet’s first outbound Ethereum transfer, which resulted in another wallet 0xF230 with zero transaction history. The wallet then transfers the Ether to 0xaad3, which in turn sends it to 0x2135. Here’s where it gets interesting.
“Wallet 0x2135 is connected to: multiple Vitalik Buterin wallets, CCP official Roger Lim (hates the West), Satofishi, Binance Dev/Stakefish founder, Wanxiang (Gensler gave them a special broker license), LingLing & Multichain Dev ( cryptocurrency cartels), Maker DAO multisig and more,” BoringSleuth revealed.
The researchers also recalled the controversial moment when Shiba Inu developers “gifted” half of the token supply, worth billions of dollars, to ethereum co-founder Vitalik Buterin. According to BoringSleuth, it’s “a 100% tax break for him. He’s getting all the value without dropping a penny in the price.”
In another shocking revelation, Boring Sleuth floated a theory about Ryoshi’s identity yesterday. Who is behind the Shiba Inu? Researchers have revealed new Bitcoinist theories about Ryoshi, who they believe may be the pseudonym of two individuals: Ryo Suzuki and Tsuyoshi Maruyama, both of whom belong to the B2C2 group.
The firm is significant as a market maker for Robinhood, which at one point held more than a quarter of the total SHIB supply. Both Ryo and Tsuyoshi have since disappeared from the company’s list of advisors. BoringSleuth’s investigation hinted that market makers may be the driving force behind several tokens and exchanges, including SHIB.
At press time, SHIB is trading at $0.000008. Therefore, SHIB prices may be at a critical crossroads in the coming weeks. Will the triple bottom spark massive bullish momentum, or will the descending triangle prevail and spark a strong downtrend?
Featured image via Stormgain, chart via TradingView.com
