Charles Hoskinson’s Crypto Advisor Role with Trump: Fake News

Recently, a Twitter user by the name of Rick McCracken DIGI, threw out a prayer for Donald Trump and J.D. Vance to consider Charles Hoskinson as a crypto policy advisor. While it sounds like a joke straight out of the crypto circus, it got some attention. And like wildfire, crypto media outlets, including CoinDesk, picked up the story and started spitting out headlines like “high likelihood Cardano founder will become Trump’s crypto advisor.” Hilarious, right? But here’s the kicker: they never added a question mark. Just straight-up assumed it.

As expected, influencers took the bait and ran with it, sparking a viral frenzy of hopes and dreams that Cardano (ADA) was about to hit the moon—thanks to Charles Hoskinson becoming Trump’s crypto sidekick. Not long after, Charles himself posted a picture of him with Robert F. Kennedy Jr., along with a video talking about working closely with government officials on crypto reform. Naturally, the internet did what it does best—imploded.

Then came the big headline from CoinGape: “Breaking: Cardano Founder Charles Hoskinson Confirms Crypto Advisor Role Under Donald Trump.” Well, guess what? That’s 100% fake news. No, Charles wasn’t confirmed as Trump’s crypto advisor. But here’s where it gets interesting—Charles knew ADA was pumping on this misinformation and did absolutely NOTHING about it. No tweet to clarify, no statement to debunk. Instead, he just let it ride, watching ADA’s market cap balloon by $5 billion in a matter of hours.

Now, let’s talk about complicit. When a man watches a market surge off lies and stays quiet, is he not just as guilty as the ones spreading those lies? Charles could’ve nipped this in the bud with a simple tweet saying, “Hey, chill, I’m not Trump's crypto advisor, I’m just here for the memes.” But instead, he let the hype snowball, watching from the sidelines as unsuspecting investors got caught up in the frenzy. His silence speaks volumes.

Now we have to ask: Was this all a setup? A calculated move by someone at the top of Cardano? Rumors have long circulated that Cardano employs “advocates” in third-world countries who are paid (secretly, of course) to shill ADA and create FOMO among retail investors. Oh, and there’s more—several influencers have claimed they’ve been offered cash to promote ADA. Let that sink in.

Meanwhile, remember when Hedera made headlines for tokenizing BlackRock’s ICS U.S. Treasury money market fund? Legit news. And what happened? Crypto outlets—Cardano influencers included—dove into the FUD pool, trying to trash the news and warn investors away from HBAR. But when it’s fake news about Cardano being Trump’s crypto guru? Not a peep. Silence. All we get is a flood of rumors and absolutely no pushback.

This smells like an inside job, people. Somebody at the top of Cardano dropped the ball, and now the market is paying for it. Charles could have killed this fake news on Twitter, but instead, he sat there, probably tweeting about health care or crypto inflation or whatever else he finds interesting. While ADA’s price was pumping, Charles was chilling, and the investors were, well, getting/about to be wrecked.

Let’s not forget, this isn’t the first time ADA has seen wild price swings. Remember when it shot up to $3 per coin and Charles was on top of the world, the crypto billionaire? Fast forward to today, and the price of ADA has tanked, while countless investors—likely including the ones who rode the hype train this time—are watching their portfolios bleed out.

So, what’s next? Will the SEC finally take a good look at Cardano for this debacle? They should. They really should. Because at this point, it’s looking like an orchestrated play that could have hurt a lot of unsuspecting people. And when you’re sitting on billions while everyone else loses, don’t be surprised if the pitchforks come out.

ADA investors, this one’s for you: If it walks like a pump and talks like a pump, maybe it’s time to ask whether it’s just another well-timed manipulation.