Fita 🇲🇬

Believer ✝️ python 🐍 and Cardano ❄️ enthusiast

[DBCrypto @DBCrypt0]

Not your keys, not your...wait 😳

Self-custody just cost hundreds of Cardano users 16 million $ADA 😬

The wallet software itself was the backdoor oddly enough too

@secondfiapp formerly Yoroi had a critical vulnerability in its native web wallet generation code

Every single wallet it created was compromised!

Blink Labs developer warning:

"the wallets generated are all unsafe." Switch immediately

SecondFi's response?

Maintenance mode
Paused front-end

And this gem: "taken extraordinary steps to protect remaining assets where possible."

That last part is key

Translation: some users will not be made whole

This is Cardano's ecosystem in June 2026:

🔻 TapTools shutting down after its entire leadership bailed

🔻 Summit 2026 cancelled because governance voted down the budget

🔻 JPG Store closed

🔻 $ADA falls out of top 20 first time EVER

🔻 DReps fleeing

🔻 Much of the community sick of Charles “I have more money than you” Hoskinson

And now the wallet that was supposed to be the safe, self-custody option had compromised key generation from the start

Self-custody means nothing if the software generating your keys is the attack vector

So we are left with 16M drained

[Richard @GrumpyGrandpa_1]

@bigpey It seems like Cardano is slowly wilting away. I don’t see alot of post anymore and engagement is very low. I used Levvy slot in the past and I just don’t see a lot af activity on it. It’s a shame, I like what Cardano stands for.

[Cardano Intern @utxointern]

All it took was one post calling out @IOHK_Charles after years of support for the ecosystem to catch the block.

I came to cardano because I wanted to help change the world, I stay because I want to help protect Cardano from him.

[⛏️Dr. Navjit Dhaliwal @NaVi_GaT0R]

Charles, when every critic becomes a villain, the pattern is not everyone else. The pattern is you.

You just listed Optim, Iagon, Cardano Whale, Dave, Rick, Adam and others like this is an "inventory." It is not an inventory. It is a list of people in this ecosystem who have questioned you, disagreed with you, did something you didn't like, challenged IOG, challenged a narrative or refused to act like Cardano governance exists only to ratify what you want.

And instead of reflecting on why so many serious people keep ending up on the other side of your megaphone, you reach for the same playbook every time

- Dismiss the substance.
- Attack the person.
- Recast yourself as the victim.
- Then tell everyone else to "grow up."

So let's take the Iagon part of your "inventory," since you brought us into it. You say Iagon "started bullying and harassing" Midnight ambassadors. That is a convenient story, but it is not what happened.

I as a dRep asked a governance question, NOT Iagon.
A dRep asked whether people with roles connected to Midnight or IOG linked interests, who also held meaningful dRep voting power, should abstain on IOG related treasury proposals. That is governance.

That is literally what dReps are supposed to do - ask hard questions, examine conflicts, protect treasury neutrality and represent the $ADA holders who delegated voting power to them. If a person is participating in governance with delegated $ADA while also holding a role connected to a project or organization affected by that vote, asking about conflicts is not an attack. It is accountability.

And let's be very clear - ambassadors are not above scrutiny. dReps are not above scrutiny. Iagon is not above scrutiny. IOG is not above scrutiny. Midnight is not above scrutiny. You are not above scrutiny.

This is supposed to be decentralized governance, not a court where certain people get protected status because they are useful to Charles Hoskinson.

The moment a person participates in public governance with public voting power, the public is allowed to ask public questions. You did not answer the conflict question. You reframed it as "bullying" - ironically this is exactly what you have been doing in this ecosystem.

Then you escalated it into an attack on Iagon, my leadership and the holders.

You used your platform to tell the market you had "no more time" for the project unless leadership changed. You warned that Iagon could fail and destroy value for token holders. You called into question the ethics and integrity my leadership. You accused us of acting out of spite rather than engaging with the actual governance concern.

And then, after the damage was done, you turned around and said people are "playing the victim." That is not leadership. That is deflection.

You cannot threaten a Cardano native project, watch real holders suffer, then accuse the people objecting to the threat of being childish.

You cannot say you care about token holders while dismissing "your token holders" when those holders happen to be in a project that challenged you.

There are no "Iagon holders" over there and "Cardano holders" over here. $IAG holders are $ADA holders.

They are stake pool operators.
They are voters.
They are dReps.
They are builders.
They are community members.
They are families.
They are the same ecosystem you claim to defend.

When you attack a Cardano project, you are not attacking some foreign body. You are attacking people inside Cardano. That is the part you keep avoiding.

You talk about ambassadors being bullied. Fine. I will say this clearly - I do not condone harassment of any ambassador, volunteer, dRep, builder, SPO or community member. Anyone who crosses into personal abuse should stop.

But do not use "protecting ambassadors" as a shield to make governance questions untouchable. Do not use volunteers as human armor around treasury proposals.
Do not say "decentralized governance" when the rule is really - vote,but do not question my side - ask question but not about my people - participate but only if you accept the consequences of my platform turning on you.

That is not governance.

That is intimidation. And since we are talking about red lines, where were those red lines when Iagon was being called a scam? Where were those red lines when IOG aligned voices and consultants were smearing Iagon publicly?

Where were those red lines when defamatory claims, racial slurs and personal attacks were being thrown at builders who have spent years building on Cardano?

Where was the concern for "bullying" then?

The standard cannot be:

When your side attacks, it is criticism.
When others ask questions, it is harassment.
When you escalate, it is leadership.
When people respond, they are victims.
When you use a 1M+ follower account, it is accountability.
When a dRep asks about conflicts, it is a mob.

That double standard is exactly why people are speaking up. You say people "lash out, get hit hard and then play the victim."

No.

People ask legitimate questions. You hit hard. Then you call their injuries proof that they were wrong to ask. That is the pattern.

A dRep raises a conflict of interest concern. You call it bullying. A project CEO disagrees with IOG proposals.
You call it spite. A community member challenges your narrative. You diagnose them, mock them, block them or write them off. Then, when people notice the pattern, you call them children.

Charles, the lack of self-reflection here is breathtaking.

At some point, when the same story keeps happening with different people, different projects, different dReps, different critics,and different cycles, maybe the common denominator is not that everyone else is irrational.

Maybe the common denominator is that you treat disagreement as disloyalty.

Maybe the common denominator is that you confuse criticism with attack.

Maybe the common denominator is that you cannot separate Cardano from yourself. That is dangerous in a decentralized ecosystem. Because Cardano does not belong to you.

It does not belong to IOG.
It does not belong to Iagon.
It does not belong to Midnight.
It does not belong to any ambassador group, any DRep bloc, any founder, any company or any whale.

It belongs to the $ADA holders and the people building, maintaining, securing, voting, delegating, questioning and participating in it.

And if those people cannot ask whether conflicts exist without being threatened, mocked, financially harmed or publicly targeted, then governance is not free.

You said "grow up kids." Here is the adult version:

Answer the question. Should dReps with roles, incentives, payments, affiliations or obligations connected to an organization seeking treasury funds disclose those overlaps and consider abstaining?
Yes or no?

That was the issue.

Not your ego.
Not my tone.
Not Iagon’s existence.
Not whether Midnight ambassadors are good people.
Not whether Charles feels attacked.
Not whether people should be afraid to ask next time.

The question was about conflict, disclosure and treasury integrity. If there is no conflict, explain why.
If there is a conflict, disclose it. If abstention is not necessary, make the case. If the Constitution already provides the standard, apply it equally. But do not turn a governance question into a loyalty test.

Do not demand apologies for asking what every serious governance system must be willing to ask.

Do not pretend you are defending decentralization while using centralized influence to punish dissent.

And do not tell people to "grow up" while threatening to burn projects down.

The Cardano community should be able to disagree without fear. dReps should be able to vote NO without being branded enemies. Builders should be able to compete without being targeted. Token holders should not become collateral damage in personality conflicts.

Ambassadors should be respected, yes. But they should not be used to make legitimate governance scrutiny off limits.

So yes, let's take inventory.

Who asked a governance question?
Who answered with escalation?
Who raised a possible conflict?
Who turned it into a campaign against a project?
Who claims to care about token holders?
Who publicly attacked leadership of a project whose holders are also Cardano community members?
Who says others play the victim?
Who keeps casting himself as the victim whenever accountability arrives?

That is the pattern people are seeing. And no amount of "grow up kids" changes it.

Iagon will continue building. I will continue voting my conscience as a dRep. I will continue asking questions when treasury neutrality, conflicts of interest and governance integrity are at stake.

If I am wrong, answer with facts. If you disagree, make the argument. But threats, mockery, blocks and public intimidation are not arguments. They are the behavior of someone who wants decentralized governance only until it decentralizes power away from him.

Cardano deserves better than that.

[Fita 🇲🇬 @_sarfian_]

@ZimLingo My theory is that they fantasize on them when they were broke/still striving for money. Now that they have the means, it’s high time to chase those dreams 🤷‍♂️

[Elias Waly Ba @eliaswalyba]

Très bonne question, et la réponse dépend entièrement de l'angle qu'on choisit. Ce que j'ai appris sur le terrain est souvent très différent de ce qu'on lit dans les rapports. Je tente de repondre dans ce petit thread. 🧵

[Fita 🇲🇬 @_sarfian_]

I want to start my journey into mobile apps development. I currently know a little bit of python, js and php, but never wandered outside that niche. Any idea where I should start, with the current state of things?

[Heintol Kien @manni477]

C’est pas nouveau qu’aux USA des gens se fassent abattre dans la rue alors qu’ils ne représentaient pas une menace.
C’est nouveau que les victimes soient des blancs

[Fita 🇲🇬 @_sarfian_]

@CFCMods I just began to watch the match from the 60th minutes, but even with 11 vs 10, we played a boring game. And palace managed to put one goal past us. So no, I'm not convinced

[Fita 🇲🇬 @_sarfian_]

@GordonGekko With my current 250$ per month, I have to work at least for the next 333 years to touch that kind of money, without paying any of my bills 😂

[(Fan) D_A_Y_O 😈 @FadayoT78]

@UTDTrey Who’s next 😂

[Fita 🇲🇬 @_sarfian_]

@Adriksh Natural resources for western countries to plunder

[Fita 🇲🇬 @_sarfian_]

@WamyTrevor @Blue_Footy That depends on the country.
For Madagascar, the federation is looting on the prize money and the players are just getting a tiny part of it. If not for the intervention of international players recently, the local players would never receive what is due to them

[Chelsea FC @ChelseaFC]

The Magic of Blue. 💙

With 700,000 Londoners experiencing loneliness, we're coming together with @CFCFoundation, Chelsea Supporters’ Trust and local charities to donate gifts and raise funds supporting those who may be spending Christmas alone.

#TheMagicOfBlue

[Have faith🗯 @JuanHeart2016]

Incase u forgot

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we’ll remind you
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We are still the world champions 💪

[JNS @_devJNS]

hot takes:

you don’t need to memorize syntax.
google exists. AI exists.
what actually makes you a real developer is logic and problem-solving.

[Fita 🇲🇬 @_sarfian_]

I miss this

[fan (TEV) @TheEstevaoView]

This was once our main and backup GK…

[fan (TEV) @TheEstevaoView]

This was once our main and backup GK…

[Fita 🇲🇬 @_sarfian_]

@Connfc_ Palmer