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Cyber Capital founder calls for ousting of Cardano's Hoskinson

June 17, 2026, 6:17 AM
Justin Bons, co-founder of European crypto investment fund Cyber Capital, has called for the ousting of Cardano (ADA) founder Charles Hoskinson, BeInCrypto reported. Bons stated on X that the immediate catalyst for his demand was Hoskinson's proposal to move Cardano governance discussions to a moderator-managed Discord server. He also criticized Cardano for failing to meet its scalability goals, noting that its maximum throughput in 2026 will be only about 23 transactions per second (TPS). The report added that Hoskinson had suggested the move to Discord to facilitate more structured debates, arguing that discussions on X tend to become inflammatory and attract external criticism. His plan involves holding calm, moderated discussions before proceeding to a vote. In contrast, Bons views a structure where moderators control posts as a form of censorship, arguing that if power shifts to a faction favoring Cardano developer IOHK, unfavorable discussions could be suppressed.

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