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- The feud between XRP and Hoskinson has been going on for years.
- In the recent battle, Charles Hoskinson has been targeted by XRP supporters over his views on the ongoing XRP lawsuit.
- The Cardano founder has stood his ground and retaliated against the XRP community.
Cardano founder Charles Hoskinson He is no stranger to controversy within the crypto community. From sparking heated debates between Cardano and Ethereum followers to drawing scrutiny over the EUTXO model, Hoskinson’s views have frequently prompted him amid drama.
in the last episode Hoskinson’s previous comments In the ongoing XRP lawsuit to hound him, further complicating his already controversial reputation within the XRP community.
XRP conspiracy theory
On Monday, May 8, Hoskinson was shot by pseudonymous crypto-investigator Mr. Hooper for previously dismissing “conspiracy theories” about Ethereum Insiders bribed the Securities and Exchange Commission (SEC).
The online personality tweeted that it was a “silly idea” to claim the former SEC director William Hinman’s infamous speech on Ethereumdeclaring that the origin “decentralized enough” was just a coincidence.
The Cardano founder retaliated, stating that allegations by the SEC of targeting XRP for bribery were inaccurate. He added that the recent regulatory actions against CoinbaseAnd A legendary sea monsterAnd more delegitimize those allegations.
This led to Hoskinson Tensions flare with the XRP community, with some users arguing that the controversial founder pushed a self-serving narrative by calling the speculation a “conspiracy theory.”
In response to the XRP backers, Hoskinson asserted that the XRP community had tinkered with his words in “lies beyond recognitionAnd he stands by his original statement.
Despite its intensity, this is not the first time that Hoskinson has run afoul of the XRP community. The two parties have a long-running feud, with Hoskinson claiming he was “viciously attacked” by XRP supporters.
Bad blood
Interestingly, Hoskinson broke his silence by responding to Mr. Hooper’s tweet. The Cardano founder previously vowed not to comment or mention XRP and his ongoing lawsuit after he drew criticism from the XRP community for his comments in a public forum in December 2022.
Hoskinson posted a video claiming to support XRP and does not believe it is about security “in its current form.” However, the XRP holders’ theory of the lawsuit being bribed was nothing short of a “conspiracy.”
He claimed that Ethereum was treated differently by the SEC because of its “size, scale, and scope” rather than money. Later in the video, he confirms that he will not talk about XRP under any circumstances, even after the case is resolved. The Cardano founder promised to respond with “no comment” on anything related to XRP.
The topic can’t stop the feisty founder from entering, who is currently under a lot of flak for his comments.
on the flip side
Why should you bother
Given the animosity between the two parties, it is not certain when this feud will end. However, whether it was a conspiracy or not, the ongoing XRP-SEC lawsuit will decide the fate of cryptocurrencies in the United States. Charles Hoskinson’s comments on this issue could affect the morale of XRP supporters. However, this does not mean that XRP supporters can attack the founder online for expressing his opinion.
Follow the SEC v Ripple case:
Ripple CEO: $200 Million Spent in Legal Battle Against SEC
Read what Warren Buffet has to say about crypto investors:
Warren Buffett Shames Crypto Investors at Berkshire Hathaway
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