Ethereum Co-founder Quits Crypto Industry Citing Threats To Personal Safety

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 Anthony Di lorio, one of the co-founders of Ethereum, the world’s largest altcoin by market capitalization, has announced his exit from the world of cryptocurrencies. He said that he is worried about his personal safety and is planning to do something more meaningful. 

A few days ago, Bloomberg reported that Di lorio was looking to sell his digital asset firm Decentral and has been actively cutting his involvement with other crypto projects.“It’s got a risk profile that I am not too enthused about. I don’t feel necessarily safe in this space. If I was focused on larger problems, I think I’d be safer,” he was quoted to have said.

He was one of the eight initial members of Ethereum’s founding team along with Vitalik Buterin and Gavin Woods. Di lorio also founded the blockchain firm Decentral in 2016.  It is a multi-platform cryptocurrency wallet with an active user base of over a million. 

Commenting on his exit plans, Ethereum co-founder said: “I want to diversify to not being a crypto guy, but being a guy tackling complex problems. I will incorporate crypto when needed, but a lot of times, it’s not … It’s really a small percentage of what the world needs.”

Utsav K.
Utsav K.
Utsav is a senior crypto journalist and has been an active member in the community from even before the first major crypto boom back in 2017. In his writings, he focuses on analysing price trends and investigating policies. If you want to understand the practical implications and uses of complex technical protocols, he is your guy.

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