Cardano Founder Claims $3 Billion Paper Loss: the Price of Rejecting 'Toxic Capital'
Cardano founder Charles Hoskinson said in a livestream he lost $3 billion on paper—an unrealized loss from ADA's all-time high. His team IOHK holds 2.46 billion ADA from the 2017 ICO, plus staking rewards, making the treasury self-sufficient. He frames the loss as a trade-off for avoiding toxic capital.








