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Crypto Market Tumbles As Vitalik Buterin, Justin Sun Join WETH Insolvency Joke

source-logo  coingape.com 28 November 2022 04:53, UTC

Tron founder Justin Sun on Monday said he and Ethereum co-founder Vitalik Buterin will invest $2 billion into the WEF to recover the funds lost as wrapped Ethereum depegs with Ethereum. However, not many people realized that it is part of a joke about WETH going insolvent. Big names including Vitalik contributing to it caused a market-wide selloff in the crypto market.

coingape.com