Cardano’s Charles Hoskinson Preps Explosive August Audit Amid $600 Million ADA Scandal

Cardano co-founder Charles Hoskinson is preparing to go public with a highly anticipated audit report, which will be released in mid-August. His announcement comes amid swirling accusations that Input-Output Global (IOG), the company behind Cardano’s development, improperly acquired hundreds of millions of ADA. $600 Million ADA Allegations Prompt Mid-August Cardano Audit Release In May, fake headlines circulated across social media, falsely accusing Charles Hoskinson of orchestrating a $600 million ADA theft. “I’m absolutely disgusted…The headlines I’ve seen are beyond damaging, they will require months if not years of work and millions of dollars to undo post-audit,” Hoskinson wrote in a May 20 post source: https://beincrypto.com/cardano-audit-hoskinson-ada-scandal/