After selling off a (very very) large portion of his ADA to…
After selling off a (very very) large portion of his ADA tokens over the years, Charles Hoskinson, who made his fortune with ADA tokens (which, incidentally, is a low-quality, oligarchic Proof-of-Stake blockchain system), is withdrawing. Some see this as an attempt to drive down the price of Cardano's ADA, which is working well since the price has fallen by 20% this week; insiders were perfectly aware of this. https://x.com/Cointelegraph/status/2062454357262553325