29 November 2023
The XRP community and Charles Hoskinson, the founder of Cardano, are currently in the cryptocurrency spotlight as both parties have been involved in a fiery dispute lately.
XRP Community And Charles Hoskinson Face Off
On Tuesday, November 28, an XRP community member, Mr. Huber, took to X (formerly Twitter) and called out Charles Hoskinson. The post was accompanied by a snippet video of Hoskinson calling the XRP community conspiratorial. The post read:
I’m sorry, @IOHK_Charles, but for two years you did everything you could to make the #XRPcommunity to look ridiculous and embarrass us in public. I know you offered peace, but only to come out of nowhere and call us crazy conspiracy theorists again. No look at you. It’s funny what can happen in a year, isn’t it?
Mr. Huber’s X post criticized the Cardano founder on the previous statements he made towards Ripple. Basically, about Ripple’s allegations of corruption in the United States Securities and Exchange Commission’s (SEC) ranks.
Mr. Huber asserts that Hoskinson assisted in the “trivialization and cover-up of Joseph Lubin’s corruption.” According to Huber, it didn’t help the founder because Cardano’s native coin, ADA, is now categorized as a security by the SEC.
In response to the accusations, the co-founder asserted that Huber was unaware that he was paying for Lubin’s price. The Cardano founder stated:
You believe that assisting in the trivialization and cover-up of Joseph Lubin’s corruption is a constructive approach to bringing clarity to Cardano. But the opposite is true. Joseph Lubin is smirking in your face because you don’t realize that you are paying for Lubin’s price.
Hoskinson further restated that there is no proof of the allegations against the Ethereum co-founder Joe Lubin. As Hoskinson believes, Joseph Lubin did not influence the SEC’s decision to treat Ethereum differently than XRP. Hoskinson stated:
Still waiting on a single piece of evidence for the latter. If you cannot provide it, then yes, you are spreading conspiracies and slander. That’s what this has been about for two years now. And somehow you guys still fight.
Serious Allegations Need Solid Evidence
Hoskinson’s criticism of the dissemination of slander and conspiracies highlights the importance of solid evidence before accusing people of serious allegations. However, members of the XRP community have since criticized Charles Hoskinson’s remarks on the issue.
So far, the Cardano founder asserted that his rejection of the allegations is unrelated to whether Ethereum received a free pass from the SEC. He further discerns between “unsubstantiated conspiracy” theories and what he believes is a valid criticism of regulatory approaches toward cryptocurrencies.