👁️ Cardano's $70M $BTC mystery — what you need to know:
✅ 1,096 BTC paid for a 2016 crowdsale audit
✅ Worth $454K then. Worth $70Million Today
✅ Isle of Man foundation? Dissolved Dec 2025
❓ No invoices. No payment trail. No proof.
#Hoskinson says 1,096 BTC was used to pay three auditors — Michael Parsons, John Maguire, and Bruce Milligan — for reviewing that crowdsale.
But the community wants documents.
An investor named Thomas Braziel started digging after the Isle of Man foundation that held these funds was dissolved in December 2025. He's demanding official invoices, payment records, and proof of who actually received the Bitcoin.
It looked like a normal $450K audit payment in 2016. Now that Bitcoin is worth way more, it looks like $70M "disappeared" — so people want proof. Hoskinson gave an explanation, but critics want actual documents.
Watch $ADA closely.👁️
