Cardano

Plasma

TOLY’S DOG

<ul>
 <li>Hoskinson accuses Cointelegraph of defamation over $600M ADA voucher scandal.</li>
 <li>Independent audit clears IOG, but Cointelegraph refuses to retract story.</li>
 <li>Hoskinson urges crypto projects to boycott Cointelegraph over false reporting.</li>
</ul>
Charles Hoskinson, CEO of Input Output Global (IOG) and founder of Cardano, has taken a <a href="https://x.com/IOHK_Charles/status/1972184878000046182" target="_blank" rel="noopener noreferrer nofollow">strong stance against Cointelegraph</a>, accusing the popular crypto news outlet of “defamation at the highest level.” Hoskinson claims that Jon Rice, the editor-in-chief of Cointelegraph, has refused to retract a story that links IOG to the alleged theft of $600 million worth of ADA vouchers. He further alleges that Cointelegraph is preparing to release another article, suggesting that IOG is pressuring them to change their coverage. According to Hoskinson, demanding “basic journalistic integrity” should not be viewed as coercion. 
Hoskinson’s anger was expressed in a post on X, where he encouraged other cryptocurrency projects to pull ads from Cointelegraph and to boycott its events. He believes that continuing to engage with the outlet would give legitimacy to its controversial reporting on the issue. 
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 <blockquote class="twitter-tweet">
 It's come to my attention that apparently <a href="https://twitter.com/Cointelegraph?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@Cointelegraph</a>'s editor in chief refuses to publish a retraction about the story they ran on the alleged ada voucher theft. 
 Apparently, they will run a story that we are "pressuring them". Telling people to tell the truth about what… 
 — Charles Hoskinson (@IOHK_Charles) <a href="https://twitter.com/IOHK_Charles/status/1972184878000046182?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 28, 2025</a> 
 </blockquote>
 
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Also Read: <a href="https://36crypto.com/773000-stolen-in-massive-hyperdrive-hack-what-you-need-to-know/" target="_blank" rel="noopener noreferrer nofollow">$773,000 Stolen in Massive Hyperdrive Hack – What You Need to Know!</a> 
The ADA Voucher Scandal: What Really Happened? 
The controversy began earlier this year when NFT artist Masato Alexander accused <a href="https://36crypto.com/charles-hoskinson-early-life-and-net-worth-the-vision-behind-cardano-and-blockchain-innovation/" target="_blank" rel="noopener noreferrer nofollow">Charles Hoskinson</a> of misusing his genesis key to manipulate the Cardano blockchain and steal $600 million worth of ADA tokens. Alexander referred to this alleged act as “one of the biggest reorgs in blockchain history.” Cointelegraph heavily covered the claims, amplifying the accusations and stoking further speculation. 
However, an independent forensic audit conducted by the law firm McDermott Will &amp; Emery and accounting firm BDO debunked these allegations. The audit revealed that 99.7% of the ADA vouchers were properly redeemed, and the unclaimed tokens were redirected to fund ecosystem grants through Interspect, a Cardano governance body. Despite the findings exonerating Hoskinson, Cointelegraph continued to focus on the controversial story, which has fueled Hoskinson’s call for accountability. 
Hoskinson is now demanding that Cointelegraph address its role in spreading misinformation, as the facts have clearly disproven the initial allegations. He argues that the outlet’s refusal to retract its story, even after the audit, is a failure of journalistic responsibility. 
Also Read: <a href="https://36crypto.com/plasma-xpl-price-prediction-2025-2030-will-xpl-hit-24-00-soon/" target="_blank" rel="noopener noreferrer nofollow">Plasma (XPL) Price Prediction 2025–2030: Will XPL Hit $24.00 Soon?</a> 
The post <a rel="noopener noreferrer nofollow" href="https://36crypto.com/charles-hoskinson-slams-cointelegraph-over-600m-ada-vouchers-scandal/">Charles Hoskinson Slams Cointelegraph Over $600M ADA Vouchers Scandal</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://36crypto.com">36Crypto</a>.

Charles Hoskinson Slams Cointelegraph Over $600M ADA Vouchers Scandal

36crypto

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