[Researcher Defends Ethereum Foundation, Claims Its Operations Fully Align with Original Intentions] According to a report by Cointelegraph, blockchain researcher and investor William Mougayar publicly defended the Ethereum Foundation, stating that it has fully fulfilled its intended responsibilities and criticizing detractors for evaluating the organization using incorrect standards. Since May, the Ethereum Foundation has cumulatively sold 25,000 ETH (approximately $47 million) and unstaked over 38,000 ETH (approximately $90 million). Coupled with a 57% drop in ETH's value from its all-time high, the foundation has faced intense criticism from the community. Mougayar emphasized that ETH, the Ethereum network, and the Ethereum Foundation are independent entities. As a non-profit organization, the Ethereum Foundation's core mission is to reduce its own centralization and strengthen the protocol, rather than to boost token prices or cater to institutions.