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Kardano, specifically its founder, Charles Hoskinson, was shot recently after online fraud allegations. Rumors spread quickly as Blockchain safety was asked and its founder. As a result, Hopkinson provided a response, with a sudden revelation on how to plan to interact with the public and society to move forward.
Surprisingly 619 million dollars
On May 7, 2025, the X MASATO ALEXANERER A horrific claim318 million ADA was transferred at a value of 619 million dollars illegally and the finger was directed to the founder of Cardano Charles Hoskinson. Apparently, this happened with the Allegra, which occurred in 2021, when the basic functions of Blockchain were changed.
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Alexander He claimed that Hoskinson had published a symbol During what was believed to be a routine promotion with an additional load. This allowed Hoskinson to the original ICO UTXOS scan with a total of 318 million ADA and transfer money to Cardano reserves dominated by special keys associated with Hoskinson.
The transaction has been made through Mir treatment, which means moving instant reward transactions. Basically, Alexander claims that this allowed the transfer of money from reserves and then used for the treasury of money and rewards.
These claims quickly directed the Cardano community, as Hoskinson himself responded under this position to condemn the rumors. It is at the beginning Make up ADA vouchers for users who claimed that ADA has become uninstallable after the solid fork. Thus, they were transferred to “TGE -controlled guard account, which lasted after that redemption for another 3 years to distribute training travel boxes to indigenous buyers.” Moreover, Hoskinson threatened the legal procedure if Alexander did not stop making these claims.
Cardano founder treats rumors again
After the initial reaction, the founder of Cardano Charles Hoskinson came out again Rumor treatment From 619 million dollars missing. He first addressed the fact that people rushed to condemn him after the rumors appeared without giving him the benefit of doubt. This extended to friends who says he did not appear during this time.
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As for the rumors themselves, the founder explained that there will be a complete audit and a report that will be published to the public. It was also proceeded to reveal that the events of the past few weeks will change how to participate with society from now.
While Hoskinson plans to continue to attend events and take pictures with people, he plans to deliver an X account to a media company. In addition, he plans to change the format of how to withstand its x spaces and ask me anything (Amas). “The endless access to it enables it to occur over and over again,” the founder explained.
Distinctive image from Dall.e, Chart from TradingView.com