Cardano founder Charles Hoskinson responded to the news of the blockchain company.Chain ConsenSys faced with multi-billion dollar scrutiny because the shareholders claimed “There is something unusual,” with the IOHK CEO hinting at the decentralization of the Cardano ecosystem in a tweet: “Just wanted to point out” that JP Morgan does not own the underlying Cardano infrastructure.”
ConsenSys could face multibillion-dollar scrutiny. and complaints from shareholders According to a former ConsenSys employee, the company’s founder illegally moved funds.
The founder was accused of illegally transferring assets to the new company. 35 former employees filed investigation requests to the Swiss court. They claim to represent more than half of all known ConsenSys AG (CAG) shareholders. To request a special review on the transfer of assets between ConSensys AG and ConSensys Software Inc. in August 2020.
The group claimed that several assets were mispriced during the transaction. This is because core assets such as MetaMask are valued as low as $4.4 million in transactions. As part of the deal, JPMorgan also acquired a 10% stake in ConsenSys Software.
Charles Hoskinson said his company “It’s no secret,” saying, “Anyone in the world can fork Cardano… anyone in the world can use our paper, just like the Mina Protocol and Polkadot do with some of our documents… It has no limits. If you are a scammer Don’t let other people see what’s behind the curtain because there’s nothing there. It’s as simple as that.”
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