Hoskinson Considers Class Action Over Cardano Defamation, Criticizes Crypto Media for Malicious Reporting
Cardano founder Charles Hoskinson is considering initiating a community class action against people defaming the crypto project.
In an X post yesterday, Hoskinson asked Cardano stakeholders, particularly ADA holders, developers, and dApp builders, whether they would consider joining a class action against those defaming the crypto project.
He linked any potential legal action to the upcoming release of an audit report focused on the project’s 2017 initial coin offering (ICO) redemption process.
NFT Artist Accuses Hoskinson of Misappropriating ICO Funds
For context, tension has escalated within the Cardano community over the past few days. It started this week after NFT artist Masator Alexander accused Hoskinson of…