Charles Hoskinson, the founder of Cardano, has taken another swipe at XRP community members regarding the ETHGate allegations.
The feud between Cardano founder Charles Hoskinson and the XRP community is not ending anytime soon. In a recent X post, Hoskinson took another swipe at some XRP community members pushing the ETHGate theory.
“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,” said Hoskinson.
XRP Enthusiasts React
As expected, Hoskinsosn’s comment did not go down well with XRP enthusiasts, as they took to the comment section to slam him.
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An XRP supporter claimed he liquidated his position in ADA due to Hoskinson’s immature behavior. Another user noted that Hoskinson deserves to be jailed for the role he played in ETHGate.
you belong in prison , you was involved the corruption around ethgate
— vern (@bigvern7074) October 14, 2023
Prominent XRP community member Ashley Prosper also took a swipe at Hoskinson following his recent tweet.
My favourite part is where you whine like a baby all day after you kicked the honests nest and got stung. pic.twitter.com/K94PPlIiof
— Ashley PROSPER (@AshleyPROSPER1) October 15, 2023
Interestingly, Mr. Huber provided clarity on the ETHGate theory. He emphasized that Ethereum officials did not just bribe the SEC to attack Ripple but every other crypto project except ETH.
Hey @IOHK_Charles, you are missing the point: the Ethereum crooks only had to bribe the SEC ONCE. They bribed the SEC to be the only ones to get a free pass. The SEC was not bribed to go after Ripple, they were bribed to go after everything EXCEPT Ethereum. What is so difficult… https://t.co/IiNQAdng0p
— Mr. Huber🔥🦅🔥 (@Leerzeit) October 16, 2023
XRP Community Resumes ETHGate Debates
For context, the ETHGate theory has continued to stir major debates within the crypto community. The theory relates to allegations that Ethereum officials established relationships with SEC insiders to create a favorable regulatory environment for ETH.
Notably, the theory recently attracted the XRP community’s attention after Hoskinson commented on the issue in an AMA session.
According to him, the ETHGate theory has been divided into two distinct topics. Hoskinson noted that some people allege that the theory relates to Ethereum officials using their connections with SEC insiders to give ETH an edge over other cryptos in terms of regulations.
However, he said other people alleged that Ethereum bribed the SEC to attack Ripple and XRP. Reacting, Hoskinson asserted that there is no evidence supporting the allegations that Ethereum bribed the SEC to go after Ripple.
Feud Between Hoskinson and XRP Community
The XRP community and Hoskinson have been at loggerheads for over a year. It is worth noting that the dispute started after Hoskinson called XRP enthusiasts conspiracy theorists for alleging that Ethereum bribed the SEC to charge Ripple with violating securities laws.
The XRP community slammed him following the remark, with some members calling on the relevant authorities to investigate his role in the ETHGate saga. In December 2022, Hoskinson noted that he would no longer comment on any XRP-related issues. This comes after he was slammed for sharing a rumor that the SEC and Ripple would settle in mid-December.
In June, the Cardano boss offered to make peace and end hostilities with the XRP community shortly after the SEC labeled ADA as an unregistered security.
Despite indicating his willingness to end the feud, he expressed frustrations at the XRP community for tagging him to ETHGate-related matters.
Last month, he addressed the conspiracy theory regarding ETHGate, emphasizing that while “backroom stuff played a role” in ETH’s regulatory journey, he does not believe that the Ethereum team bribed the SEC to attack Ripple.
I've always believed that when Ethereum was an 18 million dollar ICO and very few people were doing them that the SEC decided to ignore it and crypto and they got lucky to be too old to consider after the eye of sauron moved over.
Absolutely personal relationships and backroom…
— Charles Hoskinson (@IOHK_Charles) September 17, 2023
Consequently, XRP community members demanded an apology from Hoskinson for reiterating their position on ETHGate. However, Hoskinson has continued to ignore these calls as the feud between him and the XRP community heightens.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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