Like Satoshi Nakamoto (Bitcoin founder), the identity of Ryoshi, the founder of Shiba Inu (SHIB), has been a subject of curiosity in the crypto world since the launch of the cryptocurrency. The internet is full of theories, some of which are backed with sound evidence and now there’s a new one making the rounds.
A recent theory put forward by crypto researcher BoringSleuth on X, suggests that Ryoshi might be a combination of two individuals: Ryo Suzuki and Tsuyoshi Maruyama. Both are affiliated with the B2C2 Group
The researcher also shows that Ryoshi had a connection with Vitalik Buterin (Ethereum co-founder, Wanxiang, and the Chinese Communist Party (CCP) more than two years before the launch of Shiba Inu (SHIB).
🚨SHIB Founder connected to CCP, Wanxiang, Vitalik Buterin and more back in 2018 on-chain – 2 Years Prior to $SHIB's token launch 🚨
In this short thread, I'm going to lay out the proof that the SHIB Founder is closely related and connected to Crypto's biggest cartel 👇
— TruthLabs (@BoringSleuth) September 1, 2023
BoringSleuth’s in-depth blockchain and on-chain investigations have led to some eyebrow-raising conclusions. Some of the most surprising of these were highlighted in another post on X.
As earlier mentioned, he showed connections between Ryoshi and several prominent figures in the cryptocurrency world, including Vitalik Buterin, Wanxiang, and the Chinese Communist Party (CCP), dating back to 2018, more than two years before the SHIB token launch.
The SHIB Deployer Wallet
The story begins with the Shiba Inu Deployer wallet, Oxb812, which was established on February 18th, 2018, 29 months before the SHIB token launch. Initially, this wallet was primarily used for trading Cryptokitties, with minimal activity outside of two ETH transfers.
The first of these transactions occurred less than 24 hours after the creation of the wallet and the ETH was sent to OxF230 which subsequently forwarded the ETH to Oxaad3, marking its last recorded transaction at that point.
Following the Trail
Digging deeper, BoringSleuth unveiled a trail of ETH moving from the SHIB Deployer wallet, Oxb812, to Oxaad3 and eventually to Ox2135. Interestingly, each of these wallets had only one outbound transaction which, according to BoringSleuth, shows a strong connection between them.
He states that the intention was to send the ETH to Ox2135 after some mixing efforts. But Ox2135 isn’t just another regular wallet. What sets Ox2135 apart is its association with multiple influential figures, including:
- Multiple wallets of Vitalik Buterin: The co-founder of Ethereum.
- Roger Lim: A CCP Official who hates the West.
- Satofishi: A Binance developer and Stakefish Founder.
- Wanxiang, who received a special Broker Dealer license from Gary Gensler.
- LingLing & Multichain Dev (Crypto Cartel)
- Maker DAO Multisig and more.
Although there has been no confirmation of the true identity of Ryoshi, these connections are interesting and raise some questions about the origins and intentions behind the popular dog-themed digital token. BoringSleuth has stated that he intends to touch on his theory about Ryo Suzuki and Tsuyoshi Maruyama being the founders in the future.