Vitalik criticized FTX, calling it a negative example of "rotating" Ethereum principles 180 degrees.

According to Odaily Planet Daily, Ethereum co-founder Vitalik Buterin stated at the Devconnect conference in Argentina that the defunct cryptocurrency exchange FTX is a "negative example" of the Ethereum philosophy. He pointed out that FTX relied on a centralized structure and required users to "trust that the platform will not do evil," while the core of Ethereum is decentralized, transparent collaboration, and a "cannot be evil" technical design.

In his speech, Vitalik began with old comments from Sam Bankman-Fried, emphasizing that the centralized architecture was the root cause of FTX's downfall; in contrast, all Ethereum upgrades are reviewed and collaboratively promoted in a public environment. He stated that FTX was a "company," while Ethereum was a "community," and the two are fundamentally different in structure and values. (Decrypt)