[wcoenen]

Everybody was able to pre-buy Ether at the time, not just "a select few insiders".

https://www.coindesk.com/markets/2020/07/11/sale-of-the-cent...

[grubles]

Maybe, but it was under the pretense that the project was intending to be "decentralized", not controlled by whales who followed the founders' advise of disguising their purchases.