Wu Shuo learned that well-known crypto bankruptcy creditor investor Thomas Braziel tweeted that Cardano co-founder Charles Hoskinson stated during an AMA that the Isle of Man Foundation's holding of 1,096 BTC (approximately $70 million at current prices) was used in 2016/2017 to meet requirements related to Michael Parsons and the original audit process. Thomas Braziel believes that if this explanation is valid, invoices, agreements, approval documents, and payment records should be disclosed, along with a detailed account of the specific flow, recipients, and reasons for the 1,096 BTC. He also questioned why, if the foundation's assets were used to resolve disputes involving Michael Parsons, IOHK ultimately controlled about 95% of the raised BTC and obtained billions of ADA, while the foundation only received a small portion of the economic benefits. Thomas Braziel stated that routine foundation audit and tax work costs are usually in the tens of thousands of dollars, and even considering the complexity of crypto, it would be closer to $50k to $200k rather than $1 million.

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