Cardano On Alert After Allegations Of Embezzlement
14h05 ▪
4
min read ▪ by
Financial dramas are unfolding one after another but are not alike in the crypto universe. The latest development: Cardano, long praised for its academic rigor, faces an explosive accusation of embezzling approximately $600 million in ADA. Charles Hoskinson, the project’s guiding figure, promises an audit. This case could redefine trust at the very heart of decentralized governance.
In Brief
- Cardano is at the center of a scandal after accusations of embezzling $600M in ADA during the Allegra hard fork.
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