Cardano Foundation's 1090 BTC becomes a 'confused account', well-known debt investors call for public disclosure of fund whereabouts On June 8th, Golden Finance reported that Thomas Braziel, an investor in cryptocurrency bankruptcy debt, posted on social media that according to the Isle of Man company registration documents and Cardano's official website, the predecessor of the Cardano Foundation, the Isle of Man Foundation, was established during the 2015 ICO period. Cardano founder Charles Hoskinson served as a supervisor and the foundation received approximately 1090 BTC. However, due to the dissolution of the foundation in December 2025, Braziel called for the disclosure of relevant BTC whereabouts and foundation governance documents, and stated that he is not currently accusing any improper behavior, but requesting more disclosure. As of the time of writing, Cardano has not yet responded officially.