The Defiant: On chain analysis accuses Charles Hoskinson of selling 1.5 billion ADAs

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According to The Defiant, on chain analysis accuses Cardano founder Charles Hoskinson of selling approximately 1.5 billion ADAs during the 2021 bull market. NFT creator Masato Alexander has released an analysis stating that the association path between large ADA transactions and IOG related staking pools has been reduced from about 40 times to 1 to 7 times, tracking and focusing on a transfer of 925 million ADAs and nine payments of 20 million ADAs each. Charles Hoskinson has not yet responded, and the Cardano Foundation has stated that Cardano has three independent founding entities: IOG, Emurgo, and the Cardano Foundation.

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