Input Output Global (IOG) is preparing to release an audit report on its treasury holdings after fresh allegations surfaced claiming misappropriation of roughly $600 million worth of ADA tokens.
Cardano founder Charles Hoskinson is facing renewed scrutiny from community members, including non-fungible token artist Masato Alexander, who title=”https://x.com/masatoalexander/status/1920141651344838993″ href=”https://x.com/masatoalexander/status/1920141651344838993″ target=”_blank” rel=”nofollow noopener” data-ct-non-breakable=”null”>alleged that Hoskinson manipulated the Cardano ledger using a “genesis key to rewrite it and take control” of $619 million worth of Cardano ( title=”null” href=”https://cointelegraph.com/ada-price-index” target=”null” rel=”null” data-ct-non-breakable=”null”>ADA) during the network’s 2021 Allegra hard fork.
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