Cardano Founder, Charles Hoskinson, has sparked controversy within the XRP community after his recent tweets defending his position on the conspiracy theories related to the Securities and Exchange Commission’s (SEC) case against Ripple.
Hoskinson took to Twitter to respond to a tweet by Mr. Huber, who claimed that it was ridiculous to think that Hinman’s speech on Ethereum was purely coincidental.
Huber further asserted that those claiming the scandal was just a conspiracy must believe that Hinman’s policy and Clayton’s backing were a coincidence.
In response to the tweet, Hoskinson defended his original statement, which the XRP community had manipulated into a lie beyond recognition. He stated that he stood by his statement and there was nothing more to say on the topic.
Hoskinson also addressed the XRP community’s claims that the SEC was united against Ripple by bribes from Ethereum insiders, calling it a conspiracy theory. However, with several other companies, including Coinbase, Kraken, Bittrex, Tron, and dozens of others, being hit by the SEC, Hoskinson’s statement seems more accurate than ever.
Cardano Founder Sparks Controversy With XRP Community Over SEC Case
The tweets reignited tensions between the Cardano and XRP communities, with many XRP supporters taking to social media to express their displeasure with Hoskinson’s comments.
Some members of the XRP community have criticized Cardano Founder Hoskinson for labeling their claims as a conspiracy theory, stating that evidence suggests Hinman and Clayton’s conflicts of interest favor Ethereum.
One member pointed out that labeling it a conspiracy theory spoke more to Hoskinson’s narrative than anyone else’s and that respect was the foundation upon which truth thrives.
Another member added that XRP supporters were frustrated with Hoskinson for labeling them conspiracy theorists, as they had seen video and documents as evidence of Hinman and Clayton’s conflicts of interest, which favored Ethereum. They also clarified that those who had claimed it was the entire SEC speaking hyperbolically and were wrong.
However, Hoskinson has been embroiled in a war of words with the XRP community over his comments, with many XRP supporters taking to social media to express their displeasure. It remains to be seen how this will affect the ongoing debate on the SEC’s case against Ripple and its potential impact on the broader cryptocurrency market.
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