Despite allegations surrounding a $600 million ADA misappropriation scandal, Cardano investment products have continued to attract inflows in recent weeks. CoinShares data reveals that Cardano witnessed $0.1 million in inflows during the week of May 30th, a figure seemingly insignificant considering the controversy surrounding its founder, Charles Hoskinson. However, this marks the third consecutive week of positive inflows for Cardano products, with an additional $2 million added in May and a total of $73 million so far this year. While these figures represent modest growth, they suggest that institutional confidence in the project hasn’t been significantly shaken – at least not yet. The scandal emerged following allegations made by NFT artist and independent analyst Masato Alexander, who claimed Charles Hoskinson used a hidden function during the 2021 Allegra hardfork to secretly move 318 million ADA, worth roughly $619 million at the time, from inactive ICO wallets into reserves controlled by his company, IOG. Hoskinson has vehemently denied these claims, stating that he successfully returned 99.8% of the ADA to its original buyers and the remaining portion went to Intersect, a Cardano ecosystem organization. He has also threatened legal action against Alexander if the allegations persist. However, critics argue that the community remained uninformed about the process, lacking public documentation of an official audit or clear reporting. The Cardano Foundation has announced plans to release an independent audit of its treasury.