Cardano founder Charles Hoskinson has responded to recent fraud accusations, spotlighting a prevalent issue with scams in the crypto world.
The Email That Sparked It All
The controversy began when Robin Engraf emailed Hoskinson, accusing an alleged Input Output employee, Gabriel Martin, of misappropriating funds disguised as a trade withdrawal. Engraf claims to have months of chat logs and bank records, ready to bring this matter to U.S. authorities for assistance.
Hoskinson’s Ongoing Battle With Scammers
Hoskinson noted that for nearly ten years, he has dealt with countless impersonation scams targeting Cardano’s community. He revealed that tens of thousands of similar emails flood his inbox, all following the same script: victims are drawn by promises of massive returns, send money to strangers, and then attack prominent figures like Hoskinson when the scam collapses. "People fall for get-rich-quick schemes and then frantically look for someone to blame," he said, urging investors to take responsibility for their decisions.
A Stark Warning for Crypto Investors
Hoskinson emphasized that these scams thrive because victims chase unrealistic rewards, believing they can get "something for nothing." He questioned whether accusers like Engraf would ever own up to their mistakes or apologize for defaming him and his firm, Input Output. "Public humiliation" may be the only way to deter such baseless claims, he argued, frustrated at being a scapegoat for online fraudsters.
Hoskinson's point is clear: if a deal appears too favorable to be real, it likely isn’t. Being tricked by impersonation schemes is no reason for defamation, and investors should do careful research.
