Charles Hoskinson, founder of Cardano, said the first draft of Input Output Global's (IOG) audit report on ADA positions has been completed and is expected to be released publicly in mid-August. Hoskinson plans to use the live broadcast to interpret the report in detail and consider legal action against false allegations.
Community members have previously questioned IOG's mishandling of $619 million worth of ADA tokens during the 2021 hard fork. Hoskinson emphasized that IOG never held 350 million unclaimed ADA and the remaining tokens have been donated to Intersect. The current ADA price is $0.8389.
Cardano founder: Audit report to be released in August
2025-07-20 06:56:02
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