Vitalik Buterin Details Disposal of 500 Trillion SHIB

TLDR Vitalik Buterin confirmed that Ryoshi sent him 500 trillion SHIB in 2021 as part of the initial token supply. He said he sold a portion of the meme coins and converted the proceeds into ETH for donations. Buterin revealed that he burned about 410 trillion SHIB by sending them to a dead wallet. He stated that he donated funds to the Crypto Relief initiative in India and to Sandeep. Buterin clarified that he also transferred some tokens to the Future of Life Institute. Vitalik Buterin disclosed new details about how he handled 500 trillion SHIB tokens sent to him in 2021. He addressed claims linking his past donations to the Future of Life Institute and clarified his actions. He explained that he sold, donated, and burned large portions of the meme coins he received. SHIB Donation and Burn Details Buterin said Ryoshi sent him half of SHIB’s initial quadrillion supply in 2021. He stated that creators used the “Vitalik owns half” strategy as a marketing tool. He added that token prices surged quickly and pushed their combined book value above $1 billion. There are often posts mentioning that I donated a very large amount of funds to @FLI_org years ago and connecting me to various policy actions that they take. I thought I would make clear the record both on the nature of my connection to them, and on similarities and differences… — vitalik.eth (@VitalikButerin) March 13, 2026 He said he expected the bubble to pop and prices to fall sharply. Therefore, he sold what he could and converted the proceeds into ETH. He then directed the funds toward charitable causes instead of holding the assets. Buterin confirmed that he burned about 410 trillion SHIB tokens. He sent them to a dead wallet and removed them from circulation permanently. As a result, he reduced the circulating supply by nearly half at that time. Donations to Crypto Relief and Future of Life Institute Buterin said he transferred part of the SHIB holdings to the Crypto Relief initiative in India. He also ...