The market liquidity of the airdropped crypto tokens was shallow, and the relatively unknown ERC20 tokens plummeted in value.
on the sold tokens originating from the wallet associated with Buterin. Peckshield noted that the price of shikoku dropped 95.8% against the U.S. dollar. Some token supporters complained that Buterin willingly caused the price of these coins to drop, while others argued that it was Buterin’s funds, and he could do whatever he wanted with them.Some speculated that Buterin may have sold the airdropped tokens for tax compliance purposes.
. “My assumption is that his accountant warned him these tokens would count as income on his tax sheet. Selling to cover the expense.”
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