Charles Hoskinson Responds to Major Sale Allegations on Cardano!

ZkProofPudding · 2026-01-09T10:38:48+00:00

Charles Hoskinson responded strongly to claims that he sold during high prices of Cardano and ADA tokens, dismissing these rumors as baseless. ADA's price is currently trading at $0.39.

ZkProofPudding

2026-01-09 10:38:48

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Layer-1 blockchain Cardano and the ADA token, despite holding a significant position in the crypto market, have recently been the subject of controversy as its founder Charles Hoskinson was compelled to make a statement regarding recent allegations. In a social media debate, some users claimed that Hoskinson sold ADA when prices were high and bought back at lower prices later.

Founder’s Direct Response

Reacting strongly to these claims, Charles Hoskinson emphasized that the rumors are completely baseless. Hoskinson defended himself by saying, “I have not sold any tokens. No matter how many bots and fake accounts you claim there are […]”. Successful investors often face such speculative rumors, and Hoskinson is no exception.

Market Perspective

Although Cardano has long been regarded as one of the major altcoins in the crypto world, its price movements have always been a topic of curiosity. Current data shows that ADA is trading at $0.39 and has gained +0.23% in the last 24 hours.

Statements from prominent figures like Hoskinson continue to influence investor confidence. The blockchain community remains attentive to the transparency and open communication of project founders.

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