His decision comes taking into account personal security concerns
Ethereum is an early adopter of Bitcoin and one of Ether’s eight co-founders
San Francisco, NFAPost: Ethereum’s 48-year-old Co-founder Anthony Di Iorio plans to leave the cryptocurrency industry, partially because of personal safety reasons.
Anthony Di Iorio is one of the eight cofounders of early adopter of bitcoin company Ethereum. Anthony Di Iorio, who has had a security team since 2017 for fear of his personal safety, told news source said he didn’t feel necessarily safe in the current space
“If I was focused on larger problems…I think I’d be safer,” said Anthony Di Iorio. He plans to refocus on philanthropy and other ventures not related to crypto.
This announcement came just days after Dogecoin founder Jackson Palmer Twitter comments. Jackson Palmer blasted the cryptocurrency market as “inherently right-wing, hyper-capitalistic” with a driving force built on tax avoidance and diminished regulatory oversight.
Anthony Di Iorio added that he would also be selling Decentral Inc, a Toronto-based innovation hub and software company, that focuses on blockchain technologies. The sale will not be made with crypto. Anthony Di Iorio will either accept cash or equity in another company.
“I want to diversify to not being a crypto guy, but being a guy tackling complex problems,” Anthony Di Iorio said. The Ethereum co-founder said he wants to focus on philanthropy and other business ideas outside of the crypto space. He’ll also be cutting any existing ties with blockchain projects.
Anthony Di Iorio pointed out that he had to travel with a security team anywhere he went since 2017. He didn’t disclose his cryptocurrency holdings, but in 2018 Forbes estimated his net worth to be around $1 billion.
