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Charles Hoskinson: Audit Report to be Released in August

Summary: According to Cointelegraph, Cardano founder Charles Hoskinson announced that the audit report of Input Output Global (IOG) ADA holdings has completed a draft and is expected to be publicly released in mid-August. Hoskinson plans to livestream a detailed interpretation of the report and is considering legal action against false accusations. Previously, community members questioned IOG's ...

According to Cointelegraph, Cardano founder Charles Hoskinson announced that the audit report of Input Output Global (IOG) ADA holdings has completed a draft and is expected to be publicly released in mid-August. Hoskinson plans to livestream a detailed interpretation of the report and is considering legal action against false accusations. Previously, community members questioned IOG's handling of $6.19 billion worth of ADA tokens during the 2021 hard fork. Hoskinson emphasized that IOG never held 3.5 billion unclaimed ADA tokens, with the remaining tokens donated to the Intersect organization. Currently, ADA is priced at $0.8389.

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