Cardano founder Charles Hoskinson stated that the draft audit report for ADA holdings by Input Output Global (IOG) has been completed and is expected to be publicly released in mid-August. Hoskinson plans to provide a detailed interpretation of the report's contents through a live broadcast and is considering legal action against false accusations.

Previously, some community members questioned IOG's improper handling of ADA tokens worth $619 million during the hard fork in 2021. Hoskinson emphasized that IOG has never held 350 million unclaimed ADA, and the remaining tokens have been donated to the Intersect organization. Currently, the ADA price is $0.8389.