Cardano founder: Audit report to be released in August

According to Golden Finance, Cardano founder Charles Hoskinson stated that the initial draft of Input Output Global's (IOG) ADA position audit report has been completed and is expected to be publicly released in mid August. Hoskinson plans to provide a detailed interpretation of the report through live streaming and consider taking legal action against false accusations. Previously, community members questioned IOG's improper handling of ADA tokens worth $619 million during the 2021 hard fork. Hoskinson emphasized that IOG has never held 350 million unclaimed ADAs, and the remaining tokens have been donated to the Intersect organization. The current ADA price is reported at 0.8389 US dollars.