Charles Hoskinson, the founder of Cardano, finds himself embroiled in a heated debate with the XRP community. In recent posts on the X social media platform, he openly criticized specific conspiracy theories surrounding Ethereum.
Charles Hoskinson said on Twitter, ”You know my favorite part about the holidays is kicking the XRP ETHGate Hornet’s nest with easy-to-meme sound bites connected to mostly ignored nuanced points. It’s like the first snow of winter”.
The founder of Cardano raised doubts about the accuracy of allegations connecting him to events that took place long after he left the Ethereum project amidst controversy. Moreover, he hinted at an unfavorable depiction of his departure from Ethereum.
In Dec 2022, Hoskinson announcement to discontinue responding to inquiries related to XRP or Ripple. The reason behind this decision was the constant harassment he faced from the XRP community, primarily due to rumors surrounding a possible settlement between Ripple and SEC.
Charles Hoskinson, co-founder of Ethereum and founder of Cardano, has been in the news lately due to his ties with Ethereum and XRP. Having parted ways with Ethereum in 2014, he has become entangled in various post-departure events. However, Hoskinson vehemently denies these allegations and admits frustration over the continuous association. In an act of reconciliation, he extended an olive branch to the XRP community in June.
Furthermore, Hoskinson acknowledged XRP’s triumph against the SEC in July, displaying a willingness to put past conflicts behind him. Addressing lingering conspiracy theories regarding his involvement with Ethereum and XRP, he sought clarity and closure in September.
Hoskinson Vs XRP: The Crypto Controversy Over Ethereum & The SEC
The controversy centers around a conspiracy theory that claims the SEC showed biased favoritism towards Ethereum at the expense of Ripple. This theory suggests that Ethereum may have used personal connections and undisclosed negotiations to divert the SEC’s attention away from Ripple, an idea forcefully rejected by Hoskinson.
During an interview, Ripple CEO Brad Garlinghouse firmly refused to endorse any conspiracy theories. However, he did acknowledge specific concerns about the perceived implications of decisions made by influential figures like Jay Clayton and Bill Hinman. It brought attention to the potential for conflicts of interest.
Hoskinson’s perspective regarding Ethereum and XRP elicits mixed reactions within the crypto community. Some admire his candidness and integrity, while others assert that he harbors feelings of resentment and envy.
Moreover, concerns about his motivations and credibility have been raised due to his association with Cardano, a competitor to Ethereum and XRP. Hoskinson has defended his stance by emphasizing that he opposes misinformation and manipulation instead of any specific project.
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