Cardano founder responds to community concerns about the misappropriation of approximately 600 million ADA.

Cardano founder Charles Hoskinson responded to the community’s concerns regarding the alleged misappropriation of approximately $600 million in ADA, promising to release an audit report to clarify the controversy. The focus is on a transfer of 318 million ADA (currently about $229 million) during the Allegra Hard Fork in 2021, where NFT artist Masato Alexander accused him of using the genesis Secret Key to manipulate the ledger. Hoskinson denied the allegations, stating that most of the Tokens had been redeemed by the original purchasers, and the remaining portion had been donated to Intersect. (Cointelegraph)

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