Cardano’s Hoskinson Calls Media Report About Suing a DRep ‘Straight-Up Fake News”
Main Idea
Charles Hoskinson denies a media report claiming he plans to sue a delegated representative (DRep) who criticized Input Output Global (IOG), calling the report 'fake news'.
Key Points
1. The media report alleged Hoskinson intended to sue a DRep for criticizing IOG's management of Cardano funds.
2. Hoskinson dismissed the report as 'straight-up fake news' in a post on X, denying any legal threats.
3. The DRep accused IOG of wasting millions in ADA on undelivered promises, sparking governance tensions.
4. Hoskinson responded to the critic with a meme, downplaying the seriousness of the accusations.
Description
Charles Hoskinson did not threaten to sue a Cardano critic. The report linking Hoskinson to a potential lawsuit is fake. A delegated representative accused IOG of mismanaging Cardano funds. Cardano founder Charles Hoskinson has denied threatening legal action against a top community member amid an ongoing governance feud. Hoskinson was responding to a publication by an online media outlet which claimed he had decided to sue a delegated representative (DRep) who had criticized his activities and ...
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