Charles Hoskinson Addresses ADA Misuse Allegations, Promises Transparent Cardano Audit

Cardano founder Charles Hoskinson addressed allegations of misusing $600 million in ADA tokens during the Allegra hard fork. Despite facing accusations of improper use of funds, he promised a transparent audit report and highlighted his commitment to transparency. The allegations raise concerns about trust within the volatile cryptocurrency market as stakeholders await the audit’s outcome. Hoskinson also emphasized community trust by suggesting he might entrust social media management to professionals.