Cardano’s ADA has seen a decline of 16% recently, driven by discussions over a past scandal involving 318 million ADA funds that remain unclaimed. The scandal includes allegations of misuse, prompting the company to take action.
To resolve the matter, Cardano’s legal chief has announced that an independent audit will investigate the redemption issue. This move aims to confirm transparency while the price action suggests that ADA might have short-term potential if it stays above $0.76.
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