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Coinpedia
June 15, 2026 11:15 AM UTC

Where Did Cardano’s 1,096 Bitcoin Go? Hoskinson Finally Responds

Where Did Cardano’s 1,096 Bitcoin Go? Hoskinson Finally Responds

The post Where Did Cardano’s 1,096 Bitcoin Go? Hoskinson Finally Responds appeared first on Coinpedia Fintech News A Bitcoin transaction from Cardano’s early days has raised new questions within the community. The payment involved 1,096 BTC, worth about $454,000 in 2016 but nearly $70 million today.As questions grew over how the funds were used, Cardano founder Charles Hoskinson responded, saying the Bitcoin was spent on a crowdsale audit and payments to independent …

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