Krypto: Cardano sprayed with a scandal of $ 600 million

Financial dramas are connected, but are not similar in the crypto of the universe. Last Twist: Cardano, long praised for his serious academic, sees explosive accusations of diversion around $ 600 million in Ada. Charles Hoskinson, the character of the project, promises an audit. The case could redefine confidence in the heart of decentralized administration.

Hurricane Suspicion around the hard fork of aluggra

The fire is from the artist NFT, Masato Alexander, says Hoskinson would discreetly use the “key to Genesis” to rewrite the register during the hard fork of Alleggra from 2021.

Support: a transaction with a challenge Move immediate rewards From October 24, 2021, which passes 318 million Adas from reserves to what looks like a pocket of cash flows. The accusation speaks of the overall embezzlement of the peak to $ 619 million, a significant part of the Cardano treasure.

Hoskinson, however, opposes dull chronology: these tokens came from ICO allowances that remained orphans.

According to him, most of the 350 million targeted ADA have been required in the last seven years by their original buyers – and the remaining insufficiency paid in Intersect, a community management body. “Iog has never done such a node”It insists that it sweeps the idea of ​​hidden black cabinets.

This rejection was not enough to calm Twitter: influencers, on-sear analysts, and ordinary users in search of an anomaly discuss every UTXO. Some remember the opacity of other projects during previous crises; Others point out that Cardano has built his reputation for formal strictness.

The perception gap is brutal: on the one hand a protocol that wants to be exemplary; On the other hand, the image of the founder of the suspect from the accounting manipulation.

Audit, trust and future administration in the crypto sphere

DIN, Cardano and Input Output Global Foundation ordered the third part of the “forensic” audit. The report, promised in the coming weeks, must watch every ADA since 2015.

Hoskinson, visibly “deeply injured” by the surrounding skepticism, announces that he will soon entrust his X media account and re -reformat his famous AMA sitting. A gesture that illustrates tension between radical transparency and personal fatigue.

In addition to the soap opera, the episode is questioned by the very nature of the crypto management. Hoskinson, who recently worked in the Paris blockchain week 2025, begged for the “collaborative economy” capable of competing Big Tech soon regulated. Calendar irony: The scandal reveals how less the network’s legitimacy is based on its code than on trust, always fragile, among the founders and community.

The subsequent audit remains. If the conclusions of Whiten Cardano, the procedure could become a precedent beneficial: proving that blockchain can review themselves without provoking central authority. Otherwise, the ecosystem should accept that no protocol is immune to human blindness. Whatever happens, this episode resembles a simple truth: in the crypt, transparency is not a marketing slogan, but a vital imperative. Discover a statement that controls Coinbase.

Evans S.

Evariste, fascinated by Bitcoin since 2017, has not stopped documenting on this topic. If his first interest focused on trading, he now tries to actively understand all cryptocurrency progress. As an editor, he tries to permanently provide high quality work that reflects the condition of the sector as a whole.

Renunciation

The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.