Founder of Cardano blockchain Charles Hoskinson He recently shared an opinion that accusing the US Securities and Exchange Commission of unsubstantiated corruption allegations could reduce Ripple’s chances of winning against the regulator.
Responding to attorney John Deaton’s post, Hoskinson stated that the corruption-related controversy will have no bearing on the court’s decision on XRP’s regulatory status. “This is a completely separate issue and should be handled as such,” Hoskinson shared.
Koinfinans.com As reported by Hoskinson, he recently came under criticism from the XRP military, describing the corruption allegations against former top SEC official Willian Hinman as a “major conspiracy theory.”
After these developments, some of the Ripple fans accused Hoskinson of collaborating with the Ethereum Foundation. This continued with the Cardano co-founder stating that he did not want to do anything with Ripple or the XRP community after facing relentless attacks, which the cryptocurrency boss described as “sad” and “shameful”.
Ripple co-founder Chris Larsen also named Hoskinson. cryptocurrency The unit is praised for its contribution to the field.
As it will be remembered, the SEC sued Ripple in December 2020 due to unregistered XRP sales.
Hinman’s Ethereum talk, in which the former SEC official said the cryptocurrency was not a security, led to accusations of unfair regulatory treatment.
Ripple CEO Brad Garlinghouse preferred to stay away from existing conspiracy theories about the SEC. However, in an interview, he did not hesitate to explain that the timing of the case was “doubtful”. According to media reports, the case is expected to reach a conclusion as soon as possible.
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