Charles Hoskinson has publicly criticized the Cardano Foundation, questioning its oversight and spending practices. He accused the Foundation of avoiding clear checks on its decisions and scrutinized its use of millions in resources for large events. This has sparked a debate within the Cardano community, with concerns about leadership strain and declining trust.
Community members have expressed worries about a disconnect between the Foundation's leadership and its community. Meanwhile, Cardano's ADA token is trading at $0.4692, down 4.83%. Analysts suggest a potential short-term rebound if the price stabilizes near current levels.
Hoskinson Criticizes Cardano Foundation's Oversight and Spending
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