Charles Hoskinson Denies Rewriting Cardano Ledger to Hijack $619M

Cardano founder Charles Hoskinson has denied allegations that he rewrote the Cardano ledger in 2021 to take control of ₳318 million (approximately $619 million at the time). This claim, shared widely on X by Masato Alexander, suggests the funds were originally allocated during the Cardano ICO (Initial Coin Offering) and later moved using the project’s genesis keys.