Advertisement
AD

Main navigation

Cardano Creator Denies Ethereum-SEC Corruption Conspiracy in Ripple Case

Advertisement
Sun, 11/12/2022 - 10:38
Cardano Creator Denies Ethereum-SEC Corruption Conspiracy in Ripple Case
Cover image via www.youtube.com
Read U.TODAY on
Google News

The founder of the Cardano blockchain ecosystem, Charles Hoskinson, has once again spoken out on the subject of corruption in the SEC v. Ripple case.

Advertisement

The crypto developer has previously engaged in similar confrontations with members of the XRP community and even Ripple representatives. Hoskinson is one of the five original co-founders of Ethereum, which is considered the main beneficiary of XRP's legal troubles.

Related
Cardano Founder on XRP and Ethereum, and Why Conspiracy Theories Are Crazy

The Cardano creator once again stated that all the talk about the U.S. Securities Commission being controlled by Ethereum and being bribed to start going after Ripple and XRP are conspiracy theories, and this has never happened.

These rumors have their roots in the conclusion of the former SEC head William Hinman that ETH is a cryptocurrency and not a security because of its high degree of decentralization. It was later revealed that at the same time, Hinman's law firm received $1.6 million from the Enterprise Ethereum Alliance. Then there was the lawsuit against Ripple and the regulator's intention to recognize XRP as a security.

Related
Ripple Lawsuit Rumored to Be Settled This December, Cardano Founder Says

Is end near?

In addition to reiterating his opinion on the corruption issue, Hoskinson gave his assessment of when the SEC v. Ripple may end. So, answering questions during a live broadcast, the Cardano creator shared rumors that the trial could end as early as the next few days, on Dec. 15, to be exact.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles