Will Hoskinson's dispute with this decentralized finance (DeFi) project lead to a greater decline or a sudden rise? Here are the details of the story.

The Cardano (Cardano-ADA) community has experienced chaos over the past two days following a dispute between the founder of the Cardano blockchain protocol, Charles Hoskinson, and the decentralized finance (DeFi) protocol named Optim Finance.

The dispute arose against the backdrop of Hoskinson accusing the protocol of funding a smear campaign against him, accusing him of adding code to the Allegra update of Cardano that allowed him to redirect $600 million worth of ADA without the need for a vote from the cryptocurrency community.

The latest accusations in this regard came from Masator Alexander, one of the creators of non-fungible tokens (NFTs), who claimed that Hoskinson was able to seize this vast amount of coins that belonged to the initial coin offering (ICO) of ADA during 2021.