According to Foresight News, Ethereum co-founder Joseph Lubin has addressed misunderstandings regarding SharpLink Gaming's S-3 filing. Lubin explained that the section labeled 'shares owned after offering' is hypothetical, assuming all registered shares are sold. This is a standard procedure following a PIPE (Private Investment in Public Equity) in traditional finance and does not indicate actual sales. Lubin emphasized that neither Consensys nor he has sold any shares.

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