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Hoskinson and XRP Community Clash Over Allegations of SEC Bribery

Published 21/09/2023, 08:43
Hoskinson and XRP Community Clash Over Allegations of SEC Bribery

  • Charles Hoskinson and the XRP community clashed on Twitter over allegations of SEC bribery.
  • Hoskinson challenged XRP supporters to prove that ETH founders bribed the SEC.
  • Experts have argued that the SEC may shy away from letting the pending Ripple case go to trial due to these allegations.

In a recent exchange on X (formerly Twitter), Charles Hoskinson, the founder of Cardano (ADA), became embroiled in a heated debate with members of the XRP community. The discussion revolved around allegations of conspiracy and bribery between the founders of Ethereum and the U.S. Securities and Exchange Commission (SEC).

In a conversation thread, an X user claimed that Hoskinson had labeled XRP enthusiasts “crazy conspiracy theorists” for alleging that the founders of ETH bribed the U.S. regulator. Additionally, the X user asserted that recent events have proved that the XRP community is correct in its claims.

Hoskinson responded with a challenge, asking for proof to support the claim that individuals from Ethereum had bribed the SEC to pursue charges against Ripple. He sought concrete evidence to substantiate the allegations.

Meanwhile, another XRP supporter attempted to clarify the allegations. This commenter suggested that the purported bribe was intended to secure Ethereum’s exemption from security laws rather than targeting Ripple directly.

Hoskinson firmly maintained his position. He stated that his previous comments against the XRP community focused solely on the accusation that people from Ethereum had influenced the SEC to go after Ripple. Notably, Hoskinson does not believe any form of bribe took place between ETH and the SEC.

Furthermore, a prominent XRP influencer, Digital Asset Investor (DAI), criticized Hoskinson, suggesting he was attempting to misrepresent the situation. Moreover, DAI contended that the founders of ETH, including Hoskinson himself, had not engaged in a public discussion of the facts in dispute, casting doubt on the reasons behind their silence. Besides, he challenged Hoskinson to prove him wrong.

It is worth mentioning that these discussions came up following recent whistleblower claims. Experts have argued the U.S. regulator will shy away from letting the pending Ripple case go to trial due to the allegations.

The post Hoskinson and XRP Community Clash Over Allegations of SEC Bribery appeared first on Coin Edition.

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