A main developer of the client Geth Ethereum accused the Ethereum (EF) Foundation of creating and secretly funding a second Geth development team. The GETH customer is the software used by validators to execute Ethereum transactions.
According to an X post of the basic developer Péter Szilágyi, the organization has undermined the development team of Geth in several ways, in particular by encouraging developers to work in other companies, by offering salary reductions and by offering $ 5 million to the team to transform themselves into a private company. Szilágyi wrote in a post on Wednesday X:
“EF started and financed a second Geth team inside Nethermind. A” 100% independent fork, without collaboration planned “, according to Josh Stark, and they did not tell me or me, Felix or Martin until I discovered it in November 2025.”
He corrected the year below in the post chain, writing, “2024, Whatev :)”.
Developer Geth said he was dismissed from the Ethereum Foundation after an individual meeting with Josh Stark, a representative of the Foundation, where he confronted Stark about the second “secret” Geth team.
Cointelegraph contacted the Ethereum Foundation for Comments but had not received an answer at the time of publication.
The allegations follow leadership changes at the Ethereum Foundation and a series of initiatives aimed at promoting the blockchain protocol to institutional investors to renew the interest in the Ethereum network.
In relation: The Ethereum Foundation highlights UX, the social layer as a security “challenges”
The Ethereum Foundation is implementing staff, pivoting the financing strategy
On June 2, the Foundation announced that the staff was reduced and reorganized its basic development team to focus on scaling protocol, increased blobspace and improving Ethereum user experience, which criticisms have long supported are too complex for the average person.
https://www.youtube.com/watch?v=EF3WCSS75QY
The Ethereum Foundation has also pivoted a financing strategy driven by the performance of decentralized financing loans and financing (DEFI) by opposition to its traditional ether sales method (ETH) on the free market to finance operations.
As part of the new Treasury strategy, the Foundation will also produce regular financial reports describing operational costs and current reserves to ensure transparency to the community on the budgeting of the organization.
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