Bring Back Tone Vays: Vitalik Buterin Week, WEX Case, Who Needs AML
"Bring Back Tone Vays" — a news podcast with ForkLog editors and friends about the week’s main industry events.
Topics include: Ethereum infrastructure news, sale of MakerDAO tokens by Vitalik Buterin, new details in the WEX exchange case, and the departure of CIS-region executives from Binance.
Participants: Lena Jess, Vasily Smirnov.
Special guest: Niko Demchuk, a lawyer, specialist in AML for AMLBot.
Ethereum and Buterin
On September 4, co-founder Vitalik Buterin sold 500 tokens MakerDAO (~$579 000) after the head of the project Rune Christensen proposed launching the protocol on Solana. Later in a discussion with the community of the competing platform for issuing stablecoins Reflexer, Buterin said that MakerDAO torpedoes itself in strange directions.
Speaking at Korea Blockchain Week, Buterin spoke about the centralization problem of Ethereum: in his view, independence from large providers of computing power can be achieved in 10–20 years.
Also the Ethereum co-founder spoke as co-author of a study on Privacy Pools — a protocol that could become an alternative to cryptocurrency mixers like Tornado Cash. The work aims to address two issues: preserving transaction privacy while tracking and filtering funds linked to illicit activity.
Another idea for ecosystem development was proposed by Matter Labs head Alex Glukhovsky. He proposed creating a “Ethereum Supreme Court,” which would serve as the final arbiter in disputes involving smart contracts.
New twist in the WEX case
Dmitry “Moryachok” Havchenko was excluded from the list of victims in the WEX exchange embezzlement case. Before the trial began Havchenko learned that instead of him this status had been given to a certain straw man with an Armenian passport, who had not previously participated in the proceedings. The new “victim” is linked to Russian oligarch Konstantin Malofeyev.
Binance and the CIS
On September 6, top executives Gleb Kostarev and Vladimir Smerikis announced that they were leaving their posts at Binance. Both were among those responsible for the company’s operations in Russia.
CEO Changpeng Zhao wrote on X that some managers are moving to higher roles, and some to new projects, and advised not to pay attention to FUD.
Earlier in August, Binance removed from its P2P platforms banks under U.S. sanctions — Sberbank, Tinkoff and Alfa-Bank.
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