Thomas Braziel calls for the disclosure of the whereabouts of 1,090 BTC held by the predecessor of the Cardano Foundation

By: www.chaincatcher.com|2026/06/08 20:45:01

Notable cryptocurrency bankruptcy creditor Thomas Braziel (@Bkclaims) disclosed that the original documents collected from the Isle of Man show that the earliest structure of the Cardano Foundation involved Charles Hoskinson, Jeremy Wood, Ken Kodama, and others. Subsequent documents indicate that Hoskinson served as the "Enforcer" of the foundation— a key position responsible for ensuring that the foundation's board acted in accordance with its charter.

It is worth noting that Cardano's initial coin issuance began as early as September 2015, while the Swiss Cardano Foundation was not officially established until September 2016. During this period, the terms of service and risk disclosures listed the "foundation" as the issuer or supporter. Additionally, historical records of the Swiss Cardano Foundation also confirm the existence of the predecessor foundation in the Isle of Man and show that it received approximately 1,090 BTC.

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