Cardano has officially dismissed allegations of financial misconduct related to its ADA voucher program through a joint investigation conducted by Input Output Global (IOG), McDermott, Will & Schulte, and BDO. The audit confirmed that 99.7% of ADA tokens distributed via the voucher program have been redeemed on-chain. Unclaimed tokens were reassigned to support community grants under Cardano Development Holdings. This thorough investigation counters claims that founder Charles Hoskinson manipulated the blockchain or misappropriated funds during the 2021 Allegra hard fork. Despite recent price pressures on ADA driven by whale selling, many investors remain optimistic given ADA's strong historical gains.
Continue to read Cardano Successfully Addresses ADA Voucher Redemption Allegations with Comprehensive Audit
Cardano has officially dismissed allegations of financial misconduct related to its ADA voucher program through a joint investigation conducted by Input Output Global (IOG), McDermott, Will & Schulte, and BDO. The audit confirmed that 99.7% of ADA tokens distributed via the voucher program have been redeemed on-chain. Unclaimed tokens were reassigned to support community grants under Cardano Development Holdings. This thorough investigation counters claims that founder Charles Hoskinson manipulated the blockchain or misappropriated funds during the 2021 Allegra hard fork. Despite recent price pressures on ADA driven by whale selling, many investors remain optimistic given ADA's strong historical gains.
Continue to read Cardano Successfully Addresses ADA Voucher Redemption Allegations with Comprehensive Audit
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