<ul><li>Cardano founder, Charles Hoskinson, claims the recent $600 million ADA smear was a publicity stunt for an Ethereum-based project led by Masato Alexander.</li><li>Hoskinson disclosed private chat messages to showcase Alexander's motives behind the defamation, mentioning Alexander sought funding for his Akua project.</li><li>Akua is described as a prediction market platform focusing on risk management, with EVM compatibility, leading some in the Cardano community to view the accusations as a marketing tactic.</li><li>Hoskinson defends the ADA voucher sweep as a necessary move due to redemption difficulties faced by Japanese retail investors, emphasizing the absence of theft and announcing an independent audit to clarify the transaction history.</li></ul>

$600 Million Cardano Smear Was ETH-Backed Stunt, Says Hoskinson

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