This is a follow-up to [
In that post, I gave a list of about 150 addresses that connected IOHK’s wallet to the billion ADA unstaked wallet involved in the SundaeSwap front-running. Naturally, I was accused of FUD, saying that I made it up and that there was no way someone could track that accurately.
Here’s a much shorter path connecting the two wallets.
Starting from IOHK’s address [ it takes less than 15 steps to go from that wallet to the billion ADA unstaked wallet associated with the SundaeSwap front-running.
You can see in the left column the outgoing address along the path, and in the right column, you see the amount of one of the transactions from the prior address to that address. The right column only gives one transaction amount even when there may be others, since it’s only looking at the first page of transactions when going to the transactions page. If there were dozens of transactions outgoing to that address, then the right column only is reporting one of them listed on the first page of transactions. You can see that all but one transaction is on the order of hundreds of millions or billions of ADA. This is not IOHK paying an employee (unless employees are being paid hundreds of millions of ADA!).
To follow along with how to read the table, first go to IOHK’s original wallet [ Then find the first outgoing address in the table above and click that link to go to the transactions for that address.
So click on: [
Then go to the next outgoing address in the table: [
Then go to the next outgoing address in the table: [
The rest of the sequence is given below for you to verify yourself:
You don’t need to question whether I made up these transactions or manipulated the Cardano blockchain in some way. These records are immutable and they are available for you to verify, so go verify. I will probably be accused of being a paranoid schizophrenic again, and maybe I am, but who cares! The point of blockchain is that you don’t need to trust me or anyone else. I know some of you reading this will instinctively be defensive and lash out with insults, but I dare you to verify the transactions yourself before downvoting.
**Edit:** Thanks for taking up the challenge and looking into this. Some of you found that there was only a 10 ADA transaction between two of the addresses. That’s because both output addresses (one with 10 ADA and the other with 241 million ADA) are tied to the same wallet. It’s not obvious, but you can read more here [
The TLDR form of that comment is: the wallet address ending in bs1Wq and wallet address ending in oQU1E are part of the same wallet. You can tell this since they are both outputs of TxHash 547f47b146464476c2da4184fa9123d147053b2e5c84d1f0ede1479a12afbd97, and then one is the input (oQU1E) while the other (bs1Wq) is the output of the next transaction of the bs1Wq address, with TxHash d632d8f487f156c2c91a46e15b066a22888aa2f71ed61bd2d33dd61f46b9590c. That indicates that these two addresses are linked and that the second transaction is a reshuffling of ADA between addresses of the same wallet.
Even if you aren’t convinced that they are part of the same wallet, then suppose they’re separate, independent addresses. Then that only adds one more address on the path connecting IOHK’s wallet to the billion ADA unstaked wallet:
The volume from Tf4YT to oQU1E would be 241M. The volume from oQU1E to bs1Wq would be 25M.
TLDR: Don’t try to hard to make some transaction history a proof of something that is not.
Guy had too much time and wanted CH to be a bad guy.
Don’t upvote this post too much, because the whole trilogy is a waste of crypto jurnalism. If you have time tho, go to the 2nd part and downvote the moonfarmer. Fake proof should not deserve moons IMO.
36 thoughts on “(No) Evidence that Charles was involved in front-running SundaeSwap, part III spoiler alert OP was wrong, this happens when you want something to be true, so you take anything as a proof.”
I’m no Cardano maxi, but it’s kinda sad that a post can get a thousand plus upvotes and multiple awards and yet still be completely full of malarky.
Kinda shows the entire social media misinformation problem in a nutshell. People are eager to believe what they want or fear is the truth.
The real travesty is that many will ignore the correction and go on believing and spreading the lies instead.
The really question is why is this flared as comedy
Too much for a friday.
Pretty sure the concept of [six degrees of separation](https://en.wikipedia.org/wiki/Six_degrees_of_separation) also applies to crypto in one way or another.
Charles is a multi billionaire anybody that actually thought he needed to scam for a few million are out of their minds and lack critical thinking lol.
Definitely one of the most embarrassing moments in r/cryptocurrency recently. The ADA haters are ridiculous here.
The original thesis doesn’t even make sense. Why would someone who basically has their entire net worth and reputation in Cardano risk the horrible publicity just for a quick buck.
# I lost my left sock somehow, charles Hoskins must answer for this
Are they seriously trying to make people believe that billionaire co-author of Ethereum and Cardano, with over 1B $ADA and who knows how many $ETH and $BTC and whatever else, is a scam-artist?
I am waiting for the counter post by the other OP.
I was told there was a smoking gun? What am I supposed to do with all of these pitchforks now?
Funny how this post won’t get half the attention the other one got.
me reading the whole post even though I have no idea what’s going on
He arbitrarily picked 15 steps as proof. Why 15? If you track the flow of your cash, it is probably only 5 steps away from a drug deal. I can’t believe how tiny brained the people in this sub are.
Why would Charles do it anyway. He’s a billionaire. I don’t think he’d risk something like that to gain a bit more money
This sub is full of eth maximalist
Thanks for keeping ‘em honest.
This whole situation is making my head hurt
And this is why you look at the OP’s history when assessing a post. The guy that posted the first two parts about Charles being involved has months of anti-Cardano posts.
Nice reversal. Thanks for posting the truth and not FUD
Dident effect me still buying up all the ada. 5% apy for 7% inflation might be the best one can hope fir this year
I called it
Regardless of whether you like Charles Hoskinson / ADA, we shouldn’t be spreading lies here.
Too much read. Ada moon or no?
I feel like with enough digging, anything that goes wrong with ADA can be traced back to the IOHK original wallet and therefore Charles
Wow some people really have fans on this sub
[2nd part of the trilogy](https://np.reddit.com/r/CryptoCurrency/comments/t0q8kn/evidence_that_charles_was_involved_in/?utm_medium=android_app&utm_source=share)
By mistake I linked the first one in my post.
It’s one of the most unbelievable things I have read about Charles, and me like most people on this sub doesn’t have to time or a deep enough understanding of blockchain to verify the Outlandish claims.
I think op is just another maxi, sacred that cardano will take a big slice of the pie.
That’s why it was deleted from the r/cardano. 😁
Man some people in this community….
First it was cardano can’t stake, dapps or dex, scaling and now hitting them with some bullshit like this also to spicy it up the price of ADA. God damn holding ADA you really need good mentality… I’m going with Luna just going to yield farm and stake my ada and forget about it for a few months.
* stares in PTSD *
I went to sleep thinking the UTXO explanation would have put an end to this. Woke up to multiple replies AND my name tagged to the main post. How do i deactivate a reddit account?
You are a detective lol
Just like the first post that I didn’t read cuz it was too long. Not going to go through this whole thing. All I know is Charles either was or wasn’t involved.
Attempt #14 to smear the fantastic investment that is Cardano.
In case you’re new here – next month there will be some big problem with Cardano or some horrible thing Charles did that will once again be proven wrong. Don’t be surprised.
This man has receipts!