Cardano founder denies allegations of misappropriating $600 million, promises to release audit report

May 19, 2025 21:22:58

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ChainCatcher news, according to Cointelegraph, Cardano founder Charles Hoskinson has denied allegations of misappropriating $600 million worth of ADA tokens.

Hoskinson stated that he feels "deeply hurt" by these accusations and promised that Cardano will release an audit report to address community concerns.

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