TechFlow News, June 08: Thomas Braziel (@Bkclaims), a prominent crypto bankruptcy claims investor, disclosed that original documents from the Isle of Man he obtained reveal that the earliest Cardano Foundation structure involved Charles Hoskinson, Jeremy Wood, Ken Kodama, and others. Subsequent documents indicate that Hoskinson served as the Foundation’s “Enforcer”—a key role responsible for ensuring the Foundation’s Board of Directors adhered to its charter.
Notably, the Cardano ICO commenced as early as September 2015, whereas the Swiss Cardano Foundation was not formally established until September 2016. During this interim period, the terms of service and risk disclosures consistently listed the “Foundation” as the issuer or supporting entity. Moreover, historical records from the Swiss Cardano Foundation confirm the existence of a predecessor foundation based in the Isle of Man, which reportedly received approximately 1,090 BTC.
