tldr; Charles Hoskinson, founder of Cardano, has denied allegations that he used Genesis keys to seize 318 million ADA tokens during the 2021 Allegra hard fork. He clarified that unclaimed tokens were transferred to a custodial account, with 99.8% eventually redeemed by rightful buyers. Hoskinson threatened legal action against those spreading false claims, including NFT artist Masato Alexander, who alleged misuse of funds. Hoskinson emphasized transparency and stated that a closing report will be published before pursuing litigation.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
pnd83 on
Regardless of the outcome of this, Alexander is the most annoying person ever involved with Cardano. He had a top tier nft project and then just abandoned it. He always talked shit about people in the community, and just generally had this I’m better than everyone vibe.
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tldr; Charles Hoskinson, founder of Cardano, has denied allegations that he used Genesis keys to seize 318 million ADA tokens during the 2021 Allegra hard fork. He clarified that unclaimed tokens were transferred to a custodial account, with 99.8% eventually redeemed by rightful buyers. Hoskinson threatened legal action against those spreading false claims, including NFT artist Masato Alexander, who alleged misuse of funds. Hoskinson emphasized transparency and stated that a closing report will be published before pursuing litigation.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Regardless of the outcome of this, Alexander is the most annoying person ever involved with Cardano. He had a top tier nft project and then just abandoned it. He always talked shit about people in the community, and just generally had this I’m better than everyone vibe.