In a groundbreaking revelation, on-chain researcher BoringSleuth has unveiled a series of connections that link the enigmatic founder of Shiba Inu, known as Ryoshi, to some of the most influential figures and organizations in the crypto space. The researcher’s thread, released earlier today, alleges that Ryoshi had connections with Vitalik Buterin, a Binance developer, Wanxiang, and even the Chinese Communist Party (CCP) more than two years before the Shiba Inu token (SHIB) was launched.
BoringSleuth teased the thread already yesterday and tweeted: “Thread coming tonight showing Shiba Inu Creator was Connected to Vitalik Buterin, Binance Dev, Wanxiang, and the largest Crime Org On-Chain, over 2 YEARS prior to SHIB being launched.”
The Connections Of The Shiba Inu Founder
The researcher meticulously traced the origins of the Shiba Inu Deployer wallet, which was responsible for officially launching the SHIB token on July 31, 2020. According to BoringSleuth, this wallet was originally set up 29 months earlier, on February 18, 2018, and was initially used for trading CryptoKitties and a couple of Ethereum transfers.
BoringSleuth’s investigation followed the first outbound Ethereum transfer from the Shiba Inu Deployer wallet, which led to another wallet with zero transaction history, 0xF230. This wallet then transferred the Ethereum to 0xaad3, which in turn sent it to 0x2135. Here 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 special Broker Dealer license), LingLing & Multichain Dev (Crypto Cartel), Maker DAO Multisig & More,” BoringSleuth revealed.
SHIB Founder connected to CCP, Wanxiang, Buterin | Source: Twitter @BoringSleuth
The researcher also revisited the controversial moment when the Shiba Inu developers “gifted” half of the token’s supply (worth billions of dollars) to Ethereum co-founder Vitalik Buterin. According to BoringSleuth, this was “100% a tax write-off for him. He captured all the value without moving the price down 1 cent.”
In another shocking revelation, BoringSleuth proposed a theory on the identity of Ryoshi yesterday. As Who’s Behind Shiba Inu? Researcher Reveals New Theory About Ryoshi by Bitcoinist, the researcher suggests that Ryoshi might be a pseudonym for two individuals: Ryo Suzuki and Tsuyoshi Maruyama, both affiliated with the B2C2 Group.
This company is significant as the market maker for Robinhood, which at one point held over a quarter of the total SHIB supply. Both Ryo and Tsuyoshi have since disappeared from the company’s list of advisors. BoringSleuth’s investigations hint at the possibility of market makers being the driving force behind several tokens and exchanges, including SHIB.
At the press deadline, SHIB was trading at $0.000008. Thus, the SHIB price could be at a crucial crossroads in the coming weeks. Will a triple bottom trigger a massive bullish momentum or will the descending triangle prevail and trigger a strong downtrend?
SHIB triple bottom or descending triangle?, 1-week chart | Source: SHIBUSD on TradingView.com
Featured image from Stormgain, chart from TradingView.com
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Author: Jake Simmons
