Charles Hoskinson and XRP community clash over SEC allegations

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Charles Hoskinson and XRP community clash over SEC allegations

The cryptocurrency community witnessed a heated exchange between XRP community member Mr. Huber and Charles Hoskinson, the figure behind Cardano , as they delved into allegations of corruption and regulatory disparities. The argument, which unfolded on social media platform X, touched upon the treatment of digital currencies by regulatory authorities and the role of influential figures within the industry.

Mr. Huber escalated the debate on Tuesday, posting a video snippet on platform X where Hoskinson referred to the XRP community as conspiratorial. Huber accused Hoskinson of publicly shaming the community and trivializing serious claims against Joseph Lubin's alleged influence over the SEC's treatment of Ethereum compared to XRP. This controversy comes amid the SEC's recent categorization of Cardano's ADA as a security, a move that has significant implications for the cryptocurrency's regulatory standing.

In response, without specifying the date, Hoskinson called for tangible evidence to substantiate the accusations against Lubin, emphasizing the importance of distinguishing between unfounded conspiracy theories and legitimate regulatory critiques. He condemned the propagation of baseless rumors, which he believes could negatively affect the regulatory landscape for cryptocurrencies such as ADA and XRP. Hoskinson's rebuttal highlighted the need for a more constructive dialogue on regulatory practices, separating the ETHGate speculations from the broader issues facing the crypto industry, including Ripple CEO's insights on their ongoing legal challenges with the SEC.

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