Former Ethereum advisor Steven Nerayoff has announced his plans to launch a groundbreaking AI-driven web3 project. Nerayoff, who has turned into a critic of the Ethereum project and its co-founder Vitalik Buterin, has been vocal about his time working for the world’s second-largest cryptocurrency. He has accused Buterin of manipulating the network for personal gains and suggested that Ethereum may have had secret dealings with corrupt U.S. government officials. Despite these allegations, Nerayoff insists that he is not looking to destroy the Ethereum project but rather hopes to bring it back to the true ethos of crypto. He will be announcing his new project shortly, which combines AI technology with next-level Web3. Nerayoff also discussed his recent expose in which he released details of his conversations with Buterin, using NFTs as a means of delivering information in a censorship-resistant manner. He intends to take his case against Ethereum to court and hopes to start an incubator in the future.

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Information	Details
Geography	Global
Countries
Sentiment	negative
Relevance Score	1
People	Gary Gensler, Steven Nerayoff, Jay Clayton, Vitalik Buterin
Companies	Ethereum, United States Securities and Exchange Commission (SEC)
Currencies	Ethereum
Securities	None