Cardano founder Charles Hoskinson announced that he expects the release of the audit of his company Input Output Global's (IOG) ADA holdings. He also discusses his reaction to recent allegations.
Overview of the Initial Audit
Charles Hoskinson stated that he requested more details and context in the initial audit report of IOG. "I just received the first copy of the audit report. I requested a lot more detail and context in several areas, but it’s shaping up quickly," Hoskinson said.
Anticipated Release of Audit Results
Hoskinson anticipates that the audit results will be released by mid-August, assuming work continues at the current pace without delays. He believes the report will be available for public viewing within this timeframe.
Response to Accusations and Potential Legal Actions
In response to accusations that $600 million in ADA was misappropriated, Hoskinson stated that "IOG never gave itself 350 million unclaimed ADA". He plans to meet with defamation lawyers to discuss his options regarding the allegations from community members.
The anticipation surrounding IOG's audit of ADA assets has sparked discussions within the community, as Hoskinson aims to clarify any concerns and explain all details in a future livestream.
