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Tweet by Charles Hoskinson:

There was a premeditated attack from a disgruntled SPO who spent months in the Fake Fred discord actively looking at ways to harm the brand and reputation of IOG. He targeted my personal pool and it resulted in disruption of the entire cardano network. 

Every single user was impacted. SPOs lose block rewards. There could be double spends. DeFi was disrupted. It will take weeks to clean up this mess and even longer for the brand and reputation damage to be repaired.

He apologized because the ITN pool in my video earlier linked to him and he knew a criminal investigation has already been launched. 
Tweeted at 3:10 PM · Nov 21, 2025

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