Cardano Audit Probes $600M ADA Gap – Was Treasury Looted?
Key Takeaways: Artist Masato Alexander claims that a 2021 hard fork allowed Cardano’s team to move 318M ADA from presale wallets to reserves. Intersect confirms it received only $7M, far short of the $619M in question. The controversy rekindles old doubts about Cardano’s early token distribution and governance mechanisms. The Cardano Foundation is preparing to […]
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