Hoskinson of Cardano asserts that the SEC’s actions disprove the Ripple lawsuit conspiracies
![cardano](http://vipkhoone.com/wp-content/uploads/2023/05/cardano.jpg)
XRP supporters have claimed that former SEC Director William Hinman’s speech about Ethereum was proof it had the support of the regulator.
Charles Hoskinson, the founder of Cardano (ADA), is of the opinion that the recent anti-crypto actions taken by the U.S. Securities and Exchange Commission (SEC) render the conspiracy theories regarding the legal dispute between the regulator and Ripple unfounded.
In a tweet on May 8, Hoskinson said that the “conspiracy” theory that holders of XRP were spreading that the SEC was targeting XRP because of Ethereum insider bribes was false. He added that recent regulatory actions against the cryptocurrency industry showed that this was an “accurate” assessment.
“I said the concept that the entire SEC is united against ripple by bribes from ethereum insiders is a conspiracy. Given that now Coinbase, Kraken, Bittrex, Tron, and dozens of others have been hit, it seems more accurate then ever”
While the SEC v Ripple case is still ongoing, SEC chair Gary Gensler has described all digital assets except Bitcoin (BTC) as securities and highlighted the noncompliance of crypto companies.
Get to know Godleak
Godleak crypto signal is a service which comprise of a professional team. They tried to provide you signals of best crypto channels in the world.
It means that you don’t need to buy individual crypto signal vip channels that have expensive prices. We bought all for you and provide you the signals with bot on telegram without even a second of delay.
Godleak crypto leak service have multiple advantages in comparision with other services:
- Providing signal of +160 best crypto vip channels in the world
- Using high tech bot to forward signals
- Without even a second of delay
- Joining in +160 separated channels on telegram
- 1 month, 3 months , 6 months and yearly plans
- Also we have trial to test our services before you pay for anything
For joining Godleak and get more information about us only need to follow godleak bot on telegram and can have access to our free vip channels. click on link bellow and press start button to see all features
https://t.me/Godleakbot
Also you can check the list of available vip signal channels in the bot. by pressing Channels button.
XRP supporters allege Ethereum got free pass from SEC
XRP supporters have long maintained that the speech that former SEC Director William Hinman gave about Ethereum (ETH) was evidence that the Commission supported it.
They claim that the speech contributed to the widespread acceptance of ETH and its rise in value. Notwithstanding, other digital currencies — incorporating XRP — battled with an absence of administrative lucidity.
Mr. Huber, a proponent of XRP, stated that it was absurd for anyone to consider Hinman’s speech merely coincidental. Added he:
“Anyone who claims that this scandal is just an absurd conspiracy must believe Hinman’s policy and Clayton’s backing was a mere happenstance. “
In the meantime, the XRP community, which claims that Hinman was paid by Ethereum insiders, strongly refuted the SEC’s claim that Hinman’s speech was a personal opinion.
Ripple should build its case on merit rather than accusing the regulator of favoritism, according to Hoskinson, who has repeatedly criticized this viewpoint.
The founder of Cardano said in December 2022 that he had never “encountered a community so willing to viciously attack a person who has not attacked them” and that the XRP community was filthy and petty.