CoinWorld News, Ethereum Foundation (EF) co-executive director Hsiao-Wei Wang posted on X this morning stating that the address that sold 1210 ETH does not belong to EF, but to Argot Collective, a non-profit development organization that was previously spun off from EF.

According to previous news, the Ethereum Foundation announced that it will provide 3 years of operating funds for Argot Collective to continue supporting its work on the Solidity language and other key open-source infrastructure for Ethereum.