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Short-selling firm Culper Research: We have shorted Ethereum and related securities; the Fusaka upgrade undermines the token's economic model
05/03/2026 20:08
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Complaint Report
Svmuu News: Culper Research posted on X stating that the firm has shorted Ethereum and related securities, including BMNR. Culper Research believes that Ethereum’s token economics model will be compromised following the Fusaka upgrade in December 2025.The firm claims that Ethereum founder Vitalik Buterin has recognized this issue and is selling off his holdings, while Ethereum supporter Tom Lee is “proceeding despite knowing it is a lost cause.” Culper Research predicts that the price of ETH will fall further.
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