Ethereum ICO forensics clear fear of double spending, but dem reveal money laundering

Ten years after Ethereum ICO (Initial Coin Offering) for 2014, joint investigation by Cointelegraph Magazine and Gray Wolf Analytics no find any evidence of double-spending, wey be one of di major concern. Di investigation focus on if any Bitcoin wey dem use for ICO bin withdraw and den reinvest, but dem confirm say no such fraudulent practice happen. But, di analysis reveal say some illegal actors use ICO to launder dirty Bitcoin for clean Ether. Ethereum team withdraw about 3,800 BTC to cover cost and operation during di 42-day ICO, as dem announce publicly by co-founder Vitalik Buterin. From dis funds, some of dem bin traced back to wallets wey connect to exchanges wey dey known for laundering criminal proceeds, like BTC-e. Dis thing don make pipo suspect say proceeds from hacks and other illegal activities bin clean during Ethereum ICO. Even though Ethereum Foundation no comment on dis allegations, di forensic analysis conclude say ICO no involve double-spending. Dis findings dey show say we need stronger anti-money laundering measures for future ICO to prevent dis kain activities.