On June 15th, PANews reported that Thomas Braziel, founder of 117 Partners, posted on the X platform that during yesterday's AMA, Cardano founder Charles Hoskinson provided the most specific explanation to date regarding the whereabouts of approximately 1,096 BTC (currently worth approximately $70 million) held by the Isle of Man Foundation (now the Cardano Foundation). He stated that these BTC were used between 2016 and 2017 to meet the needs of Michael Parsons and the original audit process. However, Braziel pointed out that Hoskinson was referring to the value of BTC from the initial fundraising in 2015-2016, while any audit should have been conducted later, possibly when the price of BTC had risen above $1,200 in 2017. He questioned how IOHK ultimately controlled approximately 95% of the ICO fundraising BTC and received billions of ADA, while the foundation only received a very small share of the economic benefits, if the foundation's assets were used to resolve the dispute involving Parsons. Braziel stated that if this is the explanation, the next step should be to release the invoices, agreements, approval documents, and payment records.