Where did the 1090 BTC go? The foundation has disbanded and still hasn't disclosed it; the community has the right to know.

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Renowned cryptocurrency bankruptcy creditor investor Thomas Braziel cited the Isle of Man company registration documents, stating that the predecessor of the Cardano Foundation, Isle of Man Foundation, was established during the 2015 ICO. Cardano founder Charles Hoskinson served as a supervisor. According to information from the Cardano official website, the foundation had received approximately 1,090 BTC. Since the foundation was dissolved in December 2025, Braziel called for the disclosure of the whereabouts of the related BTC and governance documents of the foundation, and stated that this is not an accusation of any misconduct but a request for more transparency. Cardano's official response is currently pending.
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