Cardano's Charles Hoskinson denies misusing $600M in ADA, promises full audit

Cardano founder Charles Hoskinson is pushing back after being accused of rewriting the network ledger to seize control of $619 million worth of ADA ADA - $0.759295986061782 The allegations, first raised by Masato Alexander, an NFT creator, claim Charles used a “genesis key” during the 2021 Allegra hard fork to manipulate ADA ADA - $0.759295986061782 token flows.

Source: cryptopolitan.com

Related symbols: ADAUSD

2025-05-19 19:18:04 GMT.

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Price & Market Data

Price: $0.759295986061782

Volume 24h: $814,713,494.36

Market Cap: $26,821,493,903.54

Description

Cardano (ADA) is a cryptocurrency launched in 2017. Cardano has a current supply of 44,994,497,629.719788 with 35,324,161,322.982795 in circulation. The last known price of Cardano is 0.759151 USD and is down -2.74 over the last 24 hours. It is currently trading on 1521 active market(s) with $844,208,200.01 traded over the last 24 hours. More information can be found at https://www.cardano.org.