Ethereum

Cardano

David

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
Ripple CTO David Schwartz and Cardano creator&nbsp;<a href="https://x.com/IOHK_Charles/status/1784396835013992530" rel="noopener noreferrer nofollow">Charles Hoskinson</a> have ignited a fiery debate over the fate of XRP within the cryptocurrency community. The discussion, which unfolded on social media platforms, delved into allegations of conspiracy surrounding regulatory actions against&nbsp;<a href="https://u.today/xrp-getting-absolutely-crushed-by-bitcoin-despite-ripples-win" rel="noopener noreferrer nofollow">XRP</a>.
The exchange began when Hoskinson addressed accusations that members of the Ethereum community had influenced regulatory decisions against XRP. He vehemently dismissed such claims as baseless conspiracy theories, emphasizing the lack of evidence to support such assertions.
In response, Schwartz challenged Hoskinson's stance, pointing to potential conflicts of interest involving former SEC official William Hinman, who allegedly had ties to the Ethereum Foundation. Schwartz questioned whether Hinman's connections to&nbsp;<a href="https://u.today/ethereum-sees-bearish-divergence" rel="noopener noreferrer nofollow">Ethereum</a> may have influenced regulatory decisions favoring the cryptocurrency.
<blockquote>
 Again you are inciting a mob by spreading false information. I never once took a position on the conventional ETHGate arguments. My grand conspiracy statements have always been related to the belief that somebody from Ethereum bribed the SEC to go after XRP. No matter how many…— Charles Hoskinson (@IOHK_Charles) <a href="https://twitter.com/IOHK_Charles/status/1784683970745213000?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 28, 2024</a>
</blockquote>
Hoskinson swiftly rebutted Schwartz's assertions, accusing him of spreading false information and attempting to incite a mob mentality within the community. He reiterated his position that any allegations of conspiracy were unfounded and unrelated to his previous statements regarding Ethereum's involvement.
While the debate remains unresolved, it highlights the complexities surrounding the regulatory landscape for cryptocurrencies like XRP or&nbsp;<a href="https://u.today/cardano-ada-wallet-activity-declines-cause-for-concern" rel="noopener noreferrer nofollow">ADA</a>, which have also had legal troubles with SEC.&nbsp;
As the crypto industry continues to evolve, holders raise questions about transparency, accountability and the role of regulatory bodies in shaping the future of digital assets.

Ripple CTO and Cardano Creator Engage in Heated Debate About XRP

U_Today

Other articles published on Apr 29, 2024

Key Crypto Events Including Lido (LDRO) Rumors, MEME Token Unlock And More

Circle’s USDC Surpasses Tether’s USDT in Monthly Transactions

Ethereum Price Sees Sudden Shifts

Sold On Solana? Capture This Competitors A.I Exchange Token Positioned for 2000x at Launch

COCA Announces the Launch of Points System at Money20/20 Asia

Poloniex WBTC Depreciation Imperils Justin Sun’s Empire

Join our free newsletter for daily crypto updates!