Charles Hoskinson: The audit report will be released in August

ChainCatcher news, according to Cointelegraph, Cardano founder Charles Hoskinson stated that the draft audit report of ADA holdings by Input Output Global (IOG) has been completed and is expected to be publicly released in mid-August.

Hoskinson plans to provide a detailed interpretation of the report's content through a live stream and is considering legal action against false accusations. Previously, some community members questioned IOG's handling of $619 million worth of ADA tokens during the hard fork in 2021.

Hoskinson emphasized that IOG has never held 350 million unclaimed ADA, and the remaining tokens have been donated to the Intersect organization. The current price of ADA is $0.8389.