$600 Million Cardano Smear Was ETH-Backed Stunt, Says Hoskinson

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Bitcoinist 14h ago

$600 Million Cardano Smear Was ETH-Backed Stunt, Says Hoskinson - Bitcoinist

Quick Summary:

The public conflict between Charles Hoskinson and non-fungible-token artist Masato Alexander who alleged that the Cardano founder quietly redirected 318 million ADA—worth roughly $619 million at the time—from legacy presale wallets into Cardano’s reserves during the 2021 Allegra hard fork, is further escalating.

As reported by Bitcoinist on Wednesday, the ADA voucher audit redemption audit by global law firm McDermott Will & Emery (MW&E) and the audit heavyweight BDO will give a definitive answer when finished.

In that conversation Phil Harman, chief executive of Anastasia Labs and a long-time Cardano developer, asked Alexander whether a Cardano version of Akua might be possible.