The founder of Cardano, Charles Hoskinson, said that he asked for a new transparency on the initial audit of his company Output Output Output Global (IOG) Ada Holdings, but provides that he will be ready for public release in a month.
“I have just received the first copy of the audit report. I asked for many more details and context in several areas, but it looks quickly,” said Hoskinson in a post on Saturday.
Hoskinson expects a loose release
“I believe that we are planned for a release in mid-August, assuming that the work continues at this rate and there is no delays,” he added.
On May 19, Hoskinson announced that he would publish an audit report of the Holdings of the Treasury of Iog, after having denied allegations according to which $ 600 million in Cardano (ADA) had been diverted.
At the time, Hoskinson said he was “deeply injured” by the distrust of the community after the allegations.
“Iog has never given himself 350 million ADA not claimed. It is a lie. The vast majority was claimed, and the rest which was lost after seven years of waiting was given to Inorsect,” said Hoskinson in a position of May 6.
“No matter how many times people lie, they cannot change reality,” added Hoskinson.
Hoskinson will meet lawyers to “discuss options”
He came after the examination of the members of the community, notably the artist in non -bubble tokens Masato Alexander, who allegedly alleged that Hoskinson has manipulated the big book of Cardano by using a “key to Genesis to rewrite it and take control” of $ 619 million in Cardano during the Fork Algragra 2021 of the network.
In relation: Charles Hoskinson says that he “knew nothing” of Ada selected for us reserve
Hoskinson said that he will explain the audit in depth on a live flow during his publication.
“I will read the entire report via a livestream once it is available,” he said, adding that a dedicated website will host it, as well as “other historical sales artifacts”.
Hoskinson suggested that he also explores legal action against allegations. “Bringing the defamation law firm next week to discuss options and strategy,” he said.
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