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Charles Hoskinson Reveals What Happened to 1,096 BTC From Cardano’s Early Days
Jun 15, 2026
< 1 min read
by Wayne Jones
for CryptoPotato
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Charles Hoskinson said a disputed stash of 1,096 BTC from the Cardano crypto project's early crowdfunding was used to pay for an audit in 2016/2017. He made the claim in a recent livestream AMA on governance, Discord and community management, a clarification that addresses past funding use and transparency but is unlikely to have immediate market impact.
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Charles Hoskinson said that a disputed stash of 1,096 BTC from Cardano’s early crowdfunding days was used to pay for an audit in 2016/2017.
The Cardano founder made the revelation during a recent livestream AMA, in which he talked about governance, Discord, and community management.
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