diff --git a/silkworm/core/execution/evm.cpp b/silkworm/core/execution/evm.cpp
index 90a7e0db..af059071 100644
--- a/silkworm/core/execution/evm.cpp
+++ b/silkworm/core/execution/evm.cpp
@@ -367,6 +367,10 @@ void EVM::add_tracer(EvmTracer& tracer) noexcept {
 bool EVM::account_exists(const evmc::address& address) const noexcept {
     const evmc_revision rev{revision()};
 
+    if(get_eos_evm_version() >= 1 && is_reserved_address(address)) {
+        return true;
+    }
+
     if (rev >= EVMC_SPURIOUS_DRAGON) {
         return !state_.is_dead(address);
     } else {
diff --git a/silkworm/core/execution/evm.hpp b/silkworm/core/execution/evm.hpp
index e7eda46a..8fa681e0 100644
--- a/silkworm/core/execution/evm.hpp
+++ b/silkworm/core/execution/evm.hpp
@@ -113,7 +113,7 @@ class EVM {
       return gas_params_;
     }
 
-    uint64_t get_eos_evm_version() {
+    uint64_t get_eos_evm_version()const {
       return eos_evm_version_;
     }
 
diff --git a/silkworm/core/execution/evm_test.cpp b/silkworm/core/execution/evm_test.cpp
index ec80ca2e..6ccb0e15 100644
--- a/silkworm/core/execution/evm_test.cpp
+++ b/silkworm/core/execution/evm_test.cpp
@@ -789,4 +789,46 @@ TEST_CASE("EOS EVM G_txnewaccount") {
 
 }
 
+TEST_CASE("EOS EVM send value to reserved address (tx)") {
+
+    auto send_tx_to_reserved_address = [&](uint64_t version, const evmone::gas_parameters& gas_params, uint64_t gas_limit) {
+
+        Block block{};
+        block.header.number = 1;
+        block.header.nonce = eosevm::version_to_nonce(version);
+
+        evmc::address sender{0x0a6bb546b9208cfab9e8fa2b9b2c042b18df7030_address};
+        evmc::address receiver1{make_reserved_address(0x3ab3400000000000)}; //beto
+
+        InMemoryState db;
+        IntraBlockState state{db};
+        state.set_balance(sender, intx::uint256{1e18});
+        EVM evm{block, state, test::kIstanbulTrustConfig, gas_params};
+
+        Transaction txn{};
+        txn.from = sender;
+        txn.to = receiver1;
+        txn.value = intx::uint256{1};
+
+        CallResult res = evm.execute(txn, gas_limit);
+        return res;
+    };
+
+    evmone::gas_parameters gas_params;
+
+    //version = 1, G_txnewaccount = 0, gas_limit = 1000
+    gas_params.G_txnewaccount = 0;
+    auto res1 = send_tx_to_reserved_address(1, gas_params, 1000);
+    CHECK(res1.status == EVMC_SUCCESS);
+    CHECK(res1.gas_left == 1000);
+    CHECK(res1.gas_refund == 0);
+
+    //version = 2, G_txnewaccount = 5000, gas_limit = 4999
+    gas_params.G_txnewaccount = 5000;
+    auto res2 = send_tx_to_reserved_address(1, gas_params, 4999);
+    CHECK(res2.status == EVMC_SUCCESS);
+    CHECK(res2.gas_left == 4999);
+    CHECK(res2.gas_refund == 0);
+}
+
 }  // namespace silkworm
diff --git a/silkworm/core/execution/processor_test.cpp b/silkworm/core/execution/processor_test.cpp
index 5feb5ac0..c785e2a0 100644
--- a/silkworm/core/execution/processor_test.cpp
+++ b/silkworm/core/execution/processor_test.cpp
@@ -126,7 +126,7 @@ TEST_CASE("No refund on error") {
 
 TEST_CASE("refund eosevm v2") {
 
-    auto deploy_and_execute = [&](uint64_t v) {
+    auto deploy_and_execute = [&](uint64_t v, uint64_t times=10) {
         Block block{};
         block.header.number = 10'050'107;
         block.header.gas_limit = 10'000'000;
@@ -176,7 +176,7 @@ TEST_CASE("refund eosevm v2") {
         // Call run(10) on the newly created contract //a444f5e9 = run, 00..0a = 10
         txn.nonce     = nonce + 1;
         txn.to        = create_address(caller, nonce);
-        txn.data      = *from_hex("a444f5e9000000000000000000000000000000000000000000000000000000000000000a");
+        txn.data      = *from_hex("a444f5e9" + to_hex(evmc::bytes32{times}));
         txn.gas_limit = 800'000;
 
         Receipt receipt2;
@@ -193,6 +193,9 @@ TEST_CASE("refund eosevm v2") {
 
     auto gas_used_v2 = deploy_and_execute(2);
     CHECK(gas_used_v2 == 27760);
+
+    auto gas_used_v2_0_times = deploy_and_execute(2, 0);
+    CHECK(gas_used_v2_0_times == 21608);
 }
 
 
diff --git a/third_party/evmone b/third_party/evmone
index 2eb456db..ffa70aa4 160000
--- a/third_party/evmone
+++ b/third_party/evmone
@@ -1 +1 @@
-Subproject commit 2eb456db439c28592131623e491b21990cabc867
+Subproject commit ffa70aa4fcd7a5f8b7af3df8e5a61277ebc6b0aa