Altcoins

Charles Hoskinson Denies Rewriting Cardano Ledger to Hijack $619M

08.05.2025

Cardano founder Charles Hoskinson has denied allegations that he rewrote the Cardano ledger in 2021 to take control of ₳318 million (approximately $619 million at the time). This claim, shared widely on X by Masato Alexander, suggests the funds were originally allocated during the Cardano ICO (Initial Coin Offering) and later moved using the project’s genesis keys.

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08.05.2025
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