Vitalik Buterin, co-founder of Ethereum (CRYPTO: ETH), expressed concerns over the rise of political meme coins on Thursday, warning that they could become “vehicles for unlimited political bribery.”
What Happened: In an X post, Buterin criticized the current state of the cryptocurrency industry, particularly the increasing popularity of political tokens.
“They are not just sources of fun, whose harm is at most contained to mistakes made by voluntary participants; they are vehicles for unlimited political bribery, including from foreign nation states,” the cryptocurrency mogul said.
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