Charles Hoskinson refuted allegations of misappropriating 600 million USD in ADA tokens and stated that an audit report would address community concerns.
The Cardano Foundation’s audit will evaluate treasury holdings following accusations of manipulation during the 2021 Allegra hard fork, in which 318 million ADA was transferred.
Hoskinson expressed feeling ‘deeply hurt’ over the community’s mistrust and emphasized the need for stronger connections, highlighting the importance of transparency and trust.
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