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You are here: Home / Cryptocurrency News / SHIB Founder Ryoshi’s True Identity Remains A Mystery, But Clues Emerge

SHIB Founder Ryoshi’s True Identity Remains A Mystery, But Clues Emerge

By Ammar Raza | Edited By Sahana Kiran,March 8, 2023, 5:32 PM

Shib

In recent eye-catching news, the identity of the elusive SHIB founder, Ryoshi, has been speculated upon by Conor, a director at Coinbase. Conor came across an OpenSea account that was linked to Kusama’s address and had the name “Alameda,” which he thinks might be connected to the SHIB founder. However, he kept Ryoshi’s true identity a secret.

A wallet directly connected to the founder of Shiba Inu (via exchange deposit) has an… interesting Opensea account name pic.twitter.com/pq6koANFMu

— Conor (@jconorgrogan) March 6, 2023

According to Conor’s tweet, the anonymous founder of the meme token, Ryoshi, deposited into a Bitkub deposit address on two occasions in 2020 and 2021. 

Conor linked this deposit to an Opensea account with the handle “ALAMEDA,” which is believed to belong to the founder. It is unclear why the SHIB founder would take Alameda’s Opensea handle in 2020, but Conor speculates it could be for “the memes.”

In a previous tweet thread from February 9th, Conor also highlighted that Alameda and SHIB have some history. On October 27th, 2021, the largest Shiba Inu farmer unstaked $107M of SHIB and sent it all to FTX, Huobi, Binance, and OKX. 

On October 27th, 2021, the largest Shiba Inu farmer unstaked $107M of SHIB and sent it all to FTX, Huobi, Binance, and OKX

This marked the absolute top; SHIB immediately began to plummet, never to recover.

Coincidently, one exchange had just expanded SHIB perps 🧐 pic.twitter.com/xxooDFqDcD

— Conor (@jconorgrogan) February 9, 2023

This marked the absolute top, and SHIB immediately began to plummet, never to recover. Coincidentally, one exchange had just expanded SHIB perps. Conor believes that some “savvy sleuths” might be able to guess who this exchange belongs to.

Conor concluded his thread by stating that understanding how to read the blockchain is easily the highest ROI for crypto traders. Anyone could have seen in real-time that the largest staker was depositing nine figures in various exchanges, and generally, that doesn’t mean they are about to buy more. 

SHIB Community Speculates

The mystery surrounding the true identity of Ryoshi, the founder of Shiba Inu, has left the crypto community in a state of curiosity and speculation. Recent discussions on social media platforms have sparked conversations about who the mastermind behind the beloved meme coin might be.

In response to Conor’s tweet, one user claimed, “Remember that guy who invested 8k in the token and made over 6 billion?” Others suggested that Ryoshi could be Sam Trabucco and that the meme token was an FTX covert operation. 

While some argued that they had spoken to the actual founder and that he was not Sam, others chimed in, stating that they believed it was common knowledge that Sam Bankman was the creator of the meme token.

The opinions on the matter are divided, with some arguing that the identity of Ryoshi should be kept a secret to maintain the mystique surrounding the coin, while others are eager to uncover the truth.

Related Reading |  Bitcoin’s 32% YTD Return Outshines Major Stock Indices & Gold

Filed Under: Cryptocurrency News, Altcoin News

About Ammar Raza

Skilled in crafting compelling content, with a deep enthusiasm for blockchain technology. I offer precise and easily comprehensible perspectives on cryptocurrencies, decentralized finance, and the ever-evolving landscape. Count on me as a reliable resource to remain informed about the latest advancements in the world of crypto.

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