Ethereum Protocol Developer Holds $114,877 Worth of DAO tokens
The Ethereum Foundation holds much of their ether in a multi-sig contract at 0xde0b295669a9fd93d5f28d9ec85e40f4cb697bae
. One of those signers is account 0x0037a6b811ffeb6e072da21179d11b1406371c63
.
Account 0x0037a6b811ffeb6e072da21179d11b1406371c63
is also the owner of 957,310 DAO tokens.
At a value of 1 DAO = .01 ETH, and 1 ETH = 12 USD, that works out to $114,877.
When a protocol developer and Ethereum Foundation ex-member has such large stake in The DAO, there are clear conflicts of interest.