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Crypto Entrepreneur Charles Hoskinson Defends Himself Against Accusations of Misusing Funds

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June 22 (Cointime) - Charles Hoskinson, the founder of Cardano, faced criticism after sharing photos from his search for aliens. One follower sarcastically commented on how Hoskinson was spending their money, to which Hoskinson responded on Twitter, defending himself and clarifying that his own funds were not connected to his followers' wealth.

Hoskinson emphasized that his company, Input Output Global, was focused on software development and protocol implementation, not market manipulation, and denied conducting an initial coin offering for ADA tokens. He also clarified that vouchers sold in Japan were not ADA tokens and did not involve U.S. participation.

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