Charles Hoskinson Facing Multiple Types of Allegations Related to Crypto Strategic Reserve (CSR)

Some people claim it was potentially a big insider trading game.

Charles Hoskinson, the founder of Cardano, is facing multiple types of allegations related to Crypto Strategic Reserve (CSR).

What Happened: As we know, recently, US President Donald Trump announced the Crypto Strategic Reserve (CSR), an official approach to crypto investment to fight against the increasing economic debt pressure on the country. Trump specially mentioned the inclusion of Bitcoin, Ethereum, $XRP, $ADA, & $SOL coin in CSR.

Following the announcement of the Crypto Strategic Reserve (CSR), many people showed their opposition to not considering their favourite Cryptocurrencies.

Some people claimed that Cardano founder Hoskinson was already in talks with US government officials to include the $ADA coin in CSR.

A Crypto X user shared a year-old video of the Cardano founder where he talked about his potential plans to work with US government officials regarding crypto policies & adoption.

If you're surprised by seeing $ADA into the reserve > then watch this video 📸

Other projects founders should learn from him to get into the USA reserves. pic.twitter.com/dfof6v4gqV

Some crypto influencers claimed that potentially some selected number of people were involved to make money with such inside information. However, there is no evidence against Cardano’s founder regarding such allegations, but critics are not missing any chance to pass negative comments against him.

On 6 March, Hoskinson talked about the inclusion of the $ADA coin under CSR and said that he was totally unaware of this before Trump’s announcement regarding CSR.

“I can confirm that I, or any member of the Cardano team, have not been invited to the White House Crypto Summit despite the inclusion of $ADA in the administration’s plans for a crypto strategic reserve to reduce the national debt and the president’s announcement to that effect,” said Hoskinson.

Cardano founder also confirmed that so far, he or any Cardano representative had not received an invitation to the White House Crypto Summit, despite the inclusion of $ADA in CSR.

A Cardano enthusiast said that probably Trump’s crypto team noticed the merits of the Cardano blockchain, which is why they selected the $ADA coin.

It’s even more of a bullish thing that @IOHK_Charles was unaware about $ADA inclusion in a US Strategic Reserve until the announcement. Means the US Trump Admin got to their determination without being prompted and they like Cardano solely on merit and there are advocates for …