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Finbold

11/30/2023

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Cardano founder clashes with XRP community again

After the co-founder of Cardano (ADA), Charles Hoskinson, hosted an AMA session on his YouTube channel, during which he expressed disappointment with the treatment of cryptocurrencies other than Bitcoin...

Cardano founder clashes with XRP community again

After the co-founder of Cardano (ADA), Charles Hoskinson, hosted an AMA session on his YouTube channel, during which he expressed disappointment with the treatment of cryptocurrencies other than Bitcoin (BTC), an X user accused him of hypocrisy and trying to discredit the XRP community for years.

As it happens, user Mr. Huber posted links to Hoskinson’s recent video, as well as one from over a year ago with YouTuber BitBoy Crypto and a slightly older one in which the Cardano founder accused the XRP crowd of spreading conspiracy theories and harassing him.

Accusations against Hoskinson

According to the X user, who spoke directly to Hoskinson, the Cardano pioneer for two years “did everything you could to make the XRP community look ridiculous and embarrass us in public,” then offering peace, “only to come out of nowhere and call us crazy conspiracy theorists again.”

Furthermore, Mr. Huber accused Hoskinson of “assisting in the trivialization and cover-up” of Ethereum (ETH) and ConsenSys co-founder Joseph Lubin’s corruption while trying to “bring clarity to Cardano,” as well as that he was “now upset that it would never be dealt with” while he was “the one arguing for that.”

Hoskinson’s response

Meanwhile, the XRP community did not have to wait long for Hoskinson to fight back. Specifically, he reiterated that there was zero evidence that “Joe Lubin bribed the SEC to go after XRP,” explaining that his argument referred to a free pass by the United States Securities and Exchange Commission (SEC).

Moreover, he opined that his accuser was the one spreading conspiracies and slander if he could not produce a single piece of evidence of ConsenSys bribing the SEC to go after XRP, adding that his grand conspiracy statement had nothing to do with the bribe claims but that the XRP crowd still harassed him.

Again, no matter how many times you tweet, there is zero evidence that has ever been presented that Joe Lubin bribed the SEC to go after Ethereum. You are utterly incapable of differentiating between the free pass argument and allegations of consensys bribing the SEC to go after…

— Charles Hoskinson (@IOHK_Charles) November 28, 2023

As a reminder, Cardano’s founder declared back in December 2022 that he would no longer discuss blockchain company Ripple and the XRP token due to vicious attacks from the community that accused him of siding with the SEC in Ripple’s courtroom standoff against the regulator, as Finbold reported at the time.

Elsewhere, Cardano’s ADA token was at press time changing hands at the price of $0.3746, recording a decrease of 3.51% in the last 24 hours, as well as losing 2.99% across the previous week, but gaining 25.32% over the past month, according to the latest information on November 30.

Featured image via Charles Hoskinson’s YouTube

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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