The Global Entrance CEO Charles Hoskinson has taken A X to the cryptographic news cutter Cointelegraph, accusing him of “defamation at the highest level.”
Hoskinson states that Jon Rice, the editor in chief of Cointelegraph, refuses to retract the history of IAG’s participation in the alleged theft of $ 600 million in Ada coupons.
The founder of Cardano affirms that Cointelegraph is preparing a story about how Iag presses it. However, Hushinson insists that requiring “basic journalistic integrity” does not qualify as pressure.
Hoskinson has advised other cryptocurrency projects that extract Cointelegraph ads and refuse to attend their events so as not to legitimize them.
Ada coupon controversy, explained
In early May, the non -fungible Token artist (NFT), Masato Alexander, caused a significant controversy by claiming that Hoskinson used his genesis key to rewrite Cardano’s older book and appropriate badly of approximately $ 600 million in ada tokens. Alexander described this as “one of the biggest reorgs in the history of Blockchain.” However, Hoskinson insisted that the overwhelming majority of coupons were actually redeemed by ICO participants.
Cointelegra covered The controversy in May, focusing on Alexander’s accusations and the posterior reaction of Hoskinson.
However, like Reported by U.TODAYAn independent forensic audit, which has involved the law firm McDermott Will & Emery and the BDO accounting firm, discovered that 99.7% of Ada coupons were actually redeemed properly. Untly claimed tokens are used to finance ecosystem subsidies through Interspect, a Cardano government agency.
After Hoskinson was exonerated by the audit, he now demands the responsibility of Cointelegraph after the exit helped to amplify the controversy of the coupon.
