The Cardano Foundation (CF) has regained control of its official X account after it was compromised in a hacking incident.

The breach, which occurred on Dec. 8, saw the account misused to promote a fraudulent ADASOL token. The attackers also spread fabricated claims about the Foundation, claiming the organization faced legal action from the US Securities and Exchange Commission (SEC).

In a Dec. 13 statement, the Foundation assured the community that those social media posts were entirely baseless and did not represent its position. It also confirmed that the organization’s internal systems were unaffected and that an investigation was underway to uncover how the breach occurred.

The incident comes amid rising tensions and governance disputes within the Cardano ecosystem.

Whistleblower allegations

On Dec. 11, a prominent Cardano community member BigPey shared an anonymous whistleblower email outlining internal challenges within the Foundation.

The mail accused the Foundation of power struggles, attempts to marginalize key ecosystem contributors like Cardano’s founder Charles Hoskinson, and a lack of meaningful involvement in decentralized governance initiatives.

One key accusation involved Catalyst Fund13, a program used to set ecosystem priorities. The Foundation reportedly registered as a Delegated Representative (DRep), wielding 180 million ADA in voting power. Critics expressed concern over the potential misuse of this influence to override community interests.

Another point of contention was the Foundation’s engagement with CIP-1694, a critical proposal for on-chain governance, and its minimal contribution to drafting the Cardano Constitution. The Foundation’s participation in these initiatives increased only after others had made substantial progress.

The email also highlighted disputes over the Cardano Summit, accusing the Foundation of pri

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Author: Oluwapelumi Adejumo