Cardano Founder Threatens Lawsuit Over 318 Million ADA Seizure Claims

Cardano founder Charles Hoskinson is preparing to take legal steps against individuals alleging that he manipulated the blockchain to take control of 318 million ADA tokens. The accusations, which recently emerged on the social media platform X, suggest he used his Genesis keys in 2021 to seize funds belonging to early investors. Cardano’s Hoskinson Accused of Secretly Altering Blockchain to Control ADA Funds Last week, NFT artist Masato Alexander claimed that during the Cardano “Allegra” hard fork, the network overwrote certain unspent token allocations from the original token sale. It then rerouted those tokens to Cardano’s reserves source: https://beincrypto.com/cardano-hoskinson-slams-false-narratives-about-ada-ico-funds/