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ChecksumSmile

How much would the 1,090 BTC from 2015 be worth today if they were still around? The foundation has been dissolved—time to show the ledger.

BTC-2.57%
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WuSaidBlockchainW
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 related BTC whereabouts and foundation governance documents, emphasizing that this is not an accusation of any misconduct but a request for more transparency. Cardano's official response has not yet been received.
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