Hoskinson and Cardano Foundation CEO Clash Over Accountability and Veridian Shares

Cardano Foundation CEO Frederik Gregaard says the network is more capable than ever. Founder Charles Hoskinson hit back, saying Cardano’s largest project went unmentioned and questioning Foundation accountability. The clash reaches Cardano (ADA) holders after the token breifly fell below $0.15, for the first time since June. Does the Foundation’s scorecard match the on-chain numbers? Gregaard’s post cited a multi-client node era and ADA futures on the Chicago Mercantile Exchange (CME). It also pointed to CIP-0113, a token standard that embeds transfer rules in native assets. CME began trading those futures on February 9. Roughly four months later, ADA fell below $0.15 as Hoskinson announced a break. DefiLlama data shows Cardano held $50.74 million in decentralized finance (DeFi) deposits on November 11.

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