Shiba Inu Founder’s Early Crypto Ties Raise Questions

• On-chain analysis by TruthLabs traces Shiba Inu’s deployer wallet back to its first ever transaction in February 2018.
• This transaction sent ETH to a wallet linked to Vitalik Buterin, a controversial CCP official, Binance developers, and other major players.
• The founder’s early crypto connections raise questions about who may have influenced SHIB’s launch and growth behind the scenes. 

Recent on-chain detective work by TruthLabs has uncovered some fascinating connections between the pseudonymous founder of Shiba Inu and several big players in the early crypto space.

Through tracing the deployer wallet’s first-ever transaction in February 2018, a path emerges leading to a wallet linked to Vitalik Buterin, a controversial CCP official, a Binance developer, and more.

The intermediary wallets in this flow of funds each only made a single transaction – passing along the ETH to the next wallet. This indicates a carefully coordinated chain of transactions predating SHIB’s launch by over two years.

Shiba Inu founder remains hidden

While the founder’s intent remains ambiguous, their early ties to influential figures like Buterin and Wanxiang Investment Group are undoubtedly intriguing. Wanxiang received special regulatory treatment from the SEC despite lawmakers’ warnings.

The findings spark curiosity about who may have worked with the founder in SHIB’s early days and how it influenced the meme coin’s trajectory. Is SHIB’s grassroots image accurate, or do larger players wield influence behind the scenes?

There’s no clear evidence of ill intent. However, the on-chain insights provide a glimpse into the nascent relationships that shaped one of crypto’s most viral sensations. For SHIB investors, the founder’s connections raise interesting questions about the project’s origins and true decentralization. While mysterious, the revelations present an engaging crypto backstory.