$ETH Theo Foresight News, Ethereum co-founder Joseph Lubin addressed misunderstandings related to SharpLink Gaming's S-3 filing. Lubin explained that the section labeled 'ownership shares after the offering' is an assumption, based on the hypothesis that all registered shares are sold. This is a standard process under a PIPE (Private Investment in Public Equity) in traditional finance and does not indicate actual sales. Lubin emphasized that both Consensys and he have not sold any shares.