Spider Wars, Chapter 2: Farewell Spider-Man - S5-E13
Continuity mistake: When Scarlet Spider is saying that they need to destroy the bomb, you can see one of the arms and tattered costume of the Man-Spider behind him, even though the Beyonder had already teleported Man-Spider to another dimension. It appears to be a shot from Spider-Man and Scarlet Spider's fight with Man-Spider that wasn't used and ended up being repurposed, rather than taking the time to animate a new shot altogether.
Answer: In the comics, Hobgoblin's true identity was kept a mystery for a long time intentionally and while many fans deduced it was Kingsley, and creator Roger Stern was leaning that way, Stern left the series in 1984. In 1987 Hobgoblin's identity was revealed to be Ned Leeds and then Macendale became Hobgoblin. It wasn't until 1997 that Sterns wrote the mini-series "Hobgoblin Lives" and retconned Kingsley as the original Hobgoblin.
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