🪙 The founder of Cardano prepares compromising materials and reports that the Cardano Foundation "stole ADA" and harms the ecosystem.

• Charles Hoskinson harshly criticized the Cardano Foundation (CF) in his AMA, defending the decision to exclude CF from receiving NIGHT tokens from the Midnight project.

📝 His main arguments:

• CF does not clearly own its ADA (claims that "the Swiss government stole ADA"), the foundation does not deploy capital effectively and is absent from key conferences, while competitors have targeted funds with billion-dollar endowments.

• Hoskinson stated that CF would become a "hostile management block" in the Midnight ecosystem and emphasized the personal financial burden - "eight-figure deals" alone against well-funded competitors.

• He contrasted CF with the active Midnight Foundation (110 deals in development) and announced partnerships with Copper, Bitcoin.com, Blockchain.com, Brave to support both Midnight and native Cardano tokens, as well as working with Chainlink on the first deployment in the UTXO model.

• Hoskinson accused CF of reputational damage through "hidden allegations of money theft" without attempts at reconciliation and announced the release of an audit report that will cover a 10-year history from 2015 to 2025 and will be "fully vindicating" for Input Output, but "very revealing" for CF.

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