Cardano Founder Denies Ethereum’s SEC Bribery Conspiracy!

Creator: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech business since 2017.

Sep 18, 2023 15:03

Charles Hoskinson, the founding father of Cardano, has dismissed the conspiracy principle that Ethereum bribed the U.S. Securities and Change Fee (SEC) to focus on Ripple and its cryptocurrency, XRP. Hoskinson argued that Ripple and Ethereum weren’t rivals as Ripple didn’t function in the identical sensible contract house as Ethereum. Moreover, he labeled the speculation as baseless and missing any proof to assist it. The SEC filed a lawsuit in opposition to Ripple in December 2020, accusing it of promoting $1.3 billion of unregistered securities by way of the sale of XRP.