MyEtherWallet controversy: Should you trust MyCrypto?


On February 8th, 2018, Taylor Monahan, one of MyEtherWallet's cofounders, has posted this article on her Medium blog. Let's summarize the article with quotes from it.

This is a companion discussion topic for the original entry at


Taylor should be ashamed of herself. This is a lesson for everyone not to trust people too much. It doesn’t matter how close they are to you. They can change in a twinkle of an eye.


So what’s the best choice now? Metamask, myetherwallet, mist or parity?


mist or parity if you can afford to run a full blockchain node. MEW as the web wallet. There are some more wallet options in this post.



Twitter has found that mycrypto account has violated terms of services and has restored MyEtherWallet’s twitter. I know it because I have reported mycrypto’s twitter for “pretending to be me or someone else”.

Saving graces from mycrypto team (notice no mention of being forced to give twitter back, proves my initial point about lack of integrity).

Karma is a bitch, Ms. Monahan.


Wow, reading all of this, it leaves a bad taste in my mouth about Taylor. I know this is not a new story but I think it still needs attention. I would not trust MyCrypto, perhaps she will do the same again.


Just entered here to get some good about this forum, but exit here with bad taste,I think the MyCrypto and Taylor not enough good to respect and trust for our money, and valuable time why I m here,sorry no safety here


Taylor, I am now worried to see all the above comments about you and your company Mycrypto. Yesterday you were co-founder of MEW. Today you moved all your twitter followers to new company called Mycrypto, and you are a CEO & Founder. What other plans you have for tomorrow?? I cannot trust this site,


I read this article for the first time. I’m simply dismayed.
How can I trust when the founder stole from the start.
In any business, ethics are very important, especially when we talk about money.
I can not trust MyCripto. I do not want to find my wallet, empty. lol


I’m just starting my online business with Ether. And as many people, Im looking for any useful information on the Internet. Drew attention to the site and their leader. I read and cried with laughter :joy: Tell me, Taylor, how can I trust you with my money if you have already cheated once? Or I will ask my question differently, Who is next? I fear you :stuck_out_tongue_winking_eye:


OMG, I am upset! How I can trust ???
You write that you work day and night with kvhnuke to launch MyEtherWallet and now you say that Project is not secure and you left them. You say MyEtherWallet LLC was sufficient for the early stages of growth and MyCrypto is designed with next-level scaling … I do not trust you! you run away with something that others build and now you ask trust???


I cannot and will not trust MyCrypto and Taylor. One day Taylor is Co-founder of MEW and then she steals their Twitter account.
Not trustworthy at all and I do not want that my ETH or tokens will be stolen one day.