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Morning Edition · Monday, June 15, 2026Published at 1:40 AM EDT · New York

Hoskinson Says Cardano's 1,096 Bitcoin Paid for a 2016 Audit as Critic Demands Records

The Cardano founder linked the disputed early funds to crowdsale review costs, but a claims investor is pressing for invoices and approvals.

Hoskinson Says Cardano's 1,096 Bitcoin Paid for a 2016 Audit as Critic Demands Records

Charles Hoskinson, the founder of Cardano, used a public session to address questions about 1,096 Bitcoin from the project's earliest days, saying the funds paid for a 2016 audit of Cardano's crowdsale and compensated three reviewers who co…

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