Truce between Cardano Founder and XRP Community Threatened
Charles Hoskinson, the founder of Cardano, and members of the XRP Community are facing a new conflict following a recent dispute over the role of Ethereum’s core developer, Joseph Lubin, in the regulatory crackdown on Ripple Labs by the SEC.
Hoskinson Urges Community to Stop Spreading Conspiracy Theories
Hoskinson sparked the disagreement when he called on community leaders to stop spreading conspiracy theories about SEC officials being bribed to target XRP while giving Ethereum and Bitcoin a pass. XRP Community member Mr Huber criticized Hoskinson for making the community look ridiculous.
Hoskinson Defends His Position
In response, Hoskinson defended his position, stating that there is no evidence to support the claims that Lubin sold out XRP. He emphasized that social media posts do not negate the lack of evidence.
Conflict of Interest at the SEC?
The connection between XRP, Ethereum, and the SEC’s relationship during the lawsuit has sparked a debate in the crypto ecosystem. The relationship between Jay Clayton’s law firm and ConsenSys has raised concerns about a conflict of interest. Clayton’s move to One River Asset Management, which has stakes in Bitcoin, further suggests ulterior motives behind the crackdown on XRP.
Cardano Faces Similar SEC Scrutiny
Ironically, Cardano has also been labeled as an investment contract by the SEC, placing Hoskinson in a similar position to Brad Garlinghouse of Ripple. This adds another layer to the ongoing conflict between Cardano and the XRP Community.
Hot Take: Truce Shattered as Hoskinson and XRP Community Clash
The truce between Cardano founder Charles Hoskinson and the XRP Community has been broken as they engage in a heated dispute. The disagreement revolves around the alleged favoritism of Ethereum over XRP in the SEC’s regulatory actions. Hoskinson called for an end to conspiracy theories, but members of the XRP Community criticized him for portraying them negatively. The conflict raises questions about a potential conflict of interest at the SEC and highlights the similarities between Cardano and Ripple’s SEC scrutiny. This clash threatens to undermine the previously established peace between Hoskinson and the XRP Community.
Gapster Innes emerges as a visionary adeptly blending the roles of crypto analyst, dedicated researcher, and editorial maestro into an intricate tapestry of insight. Amidst the dynamic world of digital currencies, Gapster’s insights resonate like finely tuned harmonies, captivating curious minds from various corners. His talent for unraveling intricate threads of crypto intricacies melds seamlessly with his editorial finesse, transforming complexity into an eloquent symphony of comprehension.