The artist claimed that Hoskinson and Input-Autput Global (IOG), standing behind the Cardano blockchain, introduced the hidden functionality into the 2021 Allegra hard for the Hoskinson controlled by Hoskinon and the IOG reserve through the exploit in renewal. At that time, these crypto assets were estimated at $ 619 million.
Hoskinson arranged a survey among ADA cryptocurrency users and developers – are they ready to join a possible lawsuit. The survey was attended by 10,306 people. 69% were agreed to join the lawsuit and demand compensation for damage from “persons who disseminate false statements” about Cardano. Voting will end on May 25.
To clarify the claims presented to the Cardano leadership, Hoskinson promised to conduct an audit. The audit is entrusted to the BDO International accounting company and the Law Firm McDermott Will & Emery. Auditors must provide a report with the conclusion: could Hoskinson and iOG assign funds. The date of publication of the report is unknown.
The founder of Cardano wrote on the social network X that all ICO participants have publicly confirmed the absence of any offenses and fraud. No accusations from law enforcement and regulatory bodies against Cardano were received, as well as court claims from users. Hoskinson criticized the cryptocurrency media that spread the news about the alleged large -scale theft of ADA.
Recently, Hoskinson said that he is negotiating with the Litecoin crypto project about integration with the Cardano blockchain. This should increase the availability of decentralized applications and increase the cost of ADA cryptocurrency, Hoskinson is sure.
Source: Bits

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