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Charles Hoskinson on Scam Accusations: Why People Seek Blame

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by Giorgi Kostiuk

17 days ago


Cardano founder Charles Hoskinson delivered a stern warning after facing accusations of fraud. He noted the widespread nature of such allegations.

Accusations and Hoskinson's Response

A recent incident occurred when internet user Robin Engraf accused Hoskinson of being involved in fraudulent activities related to their company. Engraf claimed that Input Output employee Gabriel Martin embezzled funds while pretending it was a withdrawal. Hoskinson unapologetically responded to these claims, asserting their falsehood.

Fraud and Its Consequences

Hoskinson emphasized that such instances are not isolated and that, over nearly a decade, he has witnessed numerous fraudulent schemes. According to him, victims of fraud often send money to strangers with promises of guaranteed returns, and when the schemes collapse, they lash out at public figures.

Responsibility and Public Condemnation

According to Hoskinson, these situations thrive because people do not accept responsibility for their actions. He expressed annoyance at being used as a scapegoat in such scenarios and stressed that if something seems too good to be true, it most likely is.

Hoskinson's response to the accusations highlights the importance of personal accountability and warns against the extremes to which online fraud can lead.

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