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09/04 17:01
Charles Hoskinson Fires Back as Audit Confirms 99.
Charles Hoskinson Fires Back as Audit Confirms 99.7% ADA Redemption
Independent audit confirms 99.7% of ADA vouchers were properly redeemed, clearing Cardano and Charles Hoskinson of all misuse claims.
Unredeemed tokens now fund ecosystem grants, marking a new era of transparency and growth for Cardano.
Cardano’s redemption controversy has been laid to rest after a comprehensive independent audit firm confirmed that 99.7% of ADA vouchers were properly redeemed, clearing the blockchain network and its founder, Charles Hoskinson, of all misuse allegations.
Hoskinson Responds: “Waiting for Apologies”
Cardano founder Charles Hoskinson, who bore the brunt of accusations, responded sharply to the findings. Taking to X, he remarked, “Waiting for the apologies to come rolling in.” For Hoskinson, the audit wasn’t just about proving numbers; it was about clearing the credibility of both himself and the Cardano ecosystem.
The accusations were serious. Critics claimed insiders diverted tokens, manipulated hard forks, and even rewrote the ledger to seize hundreds of millions of ADA. These allegations created uncertainty, especially for retail holders who feared Cardano’s early distribution might have been compromised.
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