<ul data-eligibleForWebStory="false"><li>Charles Hoskinson, founder of Cardano and CEO of Input Output Global (IOG), revealed that Cardano passed on a potential deal with El Salvador due to legal and geopolitical concerns.</li><li>The deal involved a proposed airdrop that would have included individuals on international sanctions lists, such as the MS-13 criminal gang.</li><li>Hoskinson highlighted that distributing tokens to sanctioned individuals could violate US federal law, particularly OFAC sanctions, leading to legal consequences.</li><li>The decision to reject the deal sheds light on a controversial aspect of El Salvador's Bitcoin strategy and adds a new dimension to the country's crypto partnerships.</li></ul>

Cardano Pulled Out Of El Salvador Deal, Hoskinson Claims

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