Hoskinson Blames LapTOP Collapse on Lack of Transparency
Cardano founder Charles Hoskinson has responded to the recent collapse of LapTOP, a cryptocurrency project that was accused of being a rug pull. In an interview, Hoskinson stated that he thinks it's 'entirely reasonable' for investors to be upset with LapTOP's sudden demise.
Hoskinson also weighed in on claims made by some about Hunter Biden, son of the US President, who has been accused of promoting LapTOP to his followers and thus contributing to its inflated price. However, according to Hoskinson, 'Hunter Biden had nothing to do with it,'
The Cardano founder believes that the collapse of LapTOP should serve as a warning to other projects in the space about the importance of transparency and accountability.