The address with the third most frequent EOS tokens had a high trading volume with Bitfinex_Wallet4, the main active wallet of the Bitfinex Exchange (which is also, by chance, one of the 21 block producers) . As shown in Table 2 below, Bitfinex_Wallet4 settled more than one million ETH to the third highest EOS wallet during the token sale. An ethereum Smart Contract proves the maintenance of the incoming value for the creation of each EOS token. This process: distribution cannot be as important as the number of people aware of the ability to engage. By extending the distribution process over a period of about a year, the community has time to gather information and evaluate the benefits of the project before closing the start windows. When we first noticed the high volume of transactions between the #3 addresses and the Bitfinex_Wallet4 address, we came to the conclusion that the two addresses had a close relationship. However, since our initial analysis, the address #3 has been identified on Etherscan as Bitfinex_Wallet5, the last main exchange of Bitfinex Exchange. There is no absolute way to prove the classification of the wallet, but given its label on Etherscan, we continued our analysis assuming that the 0x742d35cc6634c0532925a3b844bc454e4438f44e address, the address #3, is Bitfinex_Wallet5 controlled by Bitfinex Exchange. To calm the situation in the face of this hypothesis, during the eos token sale, Bitfinex_Wallet4 transferred about 1 million ETH to Bitfinex_Wallet5, which has the third most frequent EOS tokens of all addresses. Both addresses are controlled by Bitfinex Exchange. EOS. IO  is a blockchain platform created by the company block.one. To fund this new blockchain, block.one has launched an unlimited one-year token sale on the Ethereum blockchain by spending an ERC20 token known as EOS tokens.
The EOS token sale is, at the time of this letter, the largest crowdfunding event of all time . When the token sale ended last June, EOS received more than $4,000,000,000 in contributions and became one of the largest market capitalizations of any blockchain system with an implicit value of over $10 billion . In addition, block.one promised in October 2017 an audit of its token launch by third parties, which the blockchain community is still waiting for . Today, all EOS tokens are blocked on Ethereum and have been “transferred” to the EOS blockchain. The sale of EOS tokens between June 26, 2017 and June 1, 2018 followed a structured and predetermined exit schedule in accordance with the sales agreement . In total, 1 billion EOS tokens were distributed, 10% of which were reserved for Block.one. For the first 5 days of the Crowdsale (June 26 – July 1, 2017), the contract distributed 20% of the tokens (200,000,000). The remaining 70% was evenly divided into 350 portions (2,000,000 tokens each) and divided into 350 consecutive 23-hour periods (from July 1, 2017 to June 1, 2018). Block.one, however, took no steps to verify that the buyers were indeed residents of the United States, and many people residing in the United States purchased tokens directly through eOS. Site IO. .
. . .