Sins of the Fathers Chapter 1: Doctor Strange - S3-E1
Revealing mistake: When Mary Jane and the other servants of Baron Mordo are flying through the city, they literally disappear into thin air. Probably a problem with rendering the 2D animation within the 3D animation. (00:01:00)
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.
Bishop73