Controversy in Cardano Again: Charles Hoskinson Strongly Denies Large ADA Sale Allegation

The topic of Cardano (ADA) is always prominent in the crypto community, and this time, the controversy involving its famous founder Charles Hoskinson has become a trending topic. According to an allegation raised on social media, Hoskinson supposedly unloaded a large amount of ADA around the $3 level to (dump), and then avoided repurchasing at a price of $0.3.

## Hoskinson's Strong Response

Hoskinson's response to the allegation is quite firm. In his statement, he says, "I have never done such nonsense," and mentions how absurd the stories spun by bot-like accounts are. Hoskinson emphasized that such rumors are a common tactic aimed at targeting him.

## The Current State of ADA

Cardano (ADA) has held a significant position among layered layer-1 networks for many years. Looking at current price data, ADA is trading at **$0.39**. During such periods, rumors about the founder's price movements tend to increase.

## Fight Against Bots

It is well known how widespread the dissemination of false information and rumors by social media bots is in the crypto space. Hoskinson's response demonstrates that such rumors should not be taken seriously. Similar accusations have been directed at other project founders in the past, and most of the time, their accuracy could not be proven.