The cryptocurrency community is witnessing a virtual confrontation between the founder of Cardano, Charles Hoskinson and Ripple's Chief Technology Officer (CTO), David Schwartz. The two cryptocurrency giants are clashing over Ripple's current regulatory challenges and the allegations surrounding it Ethereum portal.
Hoskinson and Schwartz engage in a heated discussion
Tensions erupted within the cryptocurrency community when Hoskinson and Schwartz became involved in a lawsuit Fiery debate Due to allegations of conspiracy within the Ethereum community and Ripple's ongoing legal battle With the US Securities and Exchange Commission (SEC).
The controversy began when Hoskinson publicly addressed rumors that claimed… The Ethereum community has influenced regulatory decisions In the Ripple case by bribing the SEC to go after XRP. The founder of Cardano has strongly denied these allegations, calling them baseless conspiracy theories that lack reliable evidence.
In quick response, Schwartz Questions asked About a potential conflict of interest William Hinman, former director of the US Securities and Exchange Commission. Ripple's CTO has suggested that Hinman, who has financial interests in Ethereum and is recusing himself, may have influenced regulatory decisions in favor of Ethereum, which could impact litigation against Ripple.
“Aren’t the traditional ETH gateway arguments specifically about how the SEC draws the line and interprets it in a way that puts ETH on the good side of it and XRP on the bad side?” Schwartz inquired.
Cardano founder faces backlash from XRP community
In a later article, Hoskinson Criticize Schwartz is charged with spreading false information in connection with allegations about the influence of the Ethereum community on Ripple's legal battle with the Ethereum network. US securities. He explained that he has never taken a position on the rumors and arguments surrounding the ETH gateway, but rather his statements have constantly revolved around the belief that someone is inside… The Ethereum community bribed the SEC to target XRP.
In response to a comment by Hoskinson, an XRP supporter and member of the cryptocurrency space Accused The Cardano founder consistently used an introduction in his posts to elicit sympathy rather than directly address the main issue. The member also suggested that Hoskinson often portrays himself as a victim within the cryptocurrency community while refusing to change his views.
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Hoskinson then challenged the XRP supporter, using explicit language to demand evidence to support claims that a member of Ethereum community It directly affected the legal proceedings of the Ripple and SEC case.
Another member of the community too Accused Hoskinson misrepresents and misrepresents Claims made by the XRP community. The XRP supporter criticized the Cardano founder for exacerbating problems by insulting the XRP community and Schwartz, while at the same time adopting a “narcissistic victim” stance.
Hoskinson defended his position, Confirming He did not misspeak, and reinforced his belief that the allegations regarding the SEC's Ethereum community bribery are and “always have been a conspiracy theory.”
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