{"id":194939,"date":"2023-10-17T22:01:53","date_gmt":"2023-10-17T22:01:53","guid":{"rendered":"https:\/\/tokenstalk.info\/?p=194939"},"modified":"2023-10-17T22:01:53","modified_gmt":"2023-10-17T22:01:53","slug":"cardanos-charles-hoskinson-takes-swipes-at-xrp-over-ethgate-theories-through-memes","status":"publish","type":"post","link":"https:\/\/tokenstalk.info\/crypto\/cardanos-charles-hoskinson-takes-swipes-at-xrp-over-ethgate-theories-through-memes\/","title":{"rendered":"Cardano\u2019s Charles Hoskinson Takes Swipes At XRP Over ETHGate Theories Through Memes"},"content":{"rendered":"
Cardano\u2019s founder Charles Hoskinson has stirred the XRP hornet\u2019s nest on X (formerly called Twitter) by poking fun at bribery claims by Ethereum to the US Securities and Exchange Commission (SEC).<\/p>\n
As the whispers around ETHGate grow louder in the XRP community, Hoskinson has waded into the matter armed with jokes in an attempt to rattle enthusiasts.<\/p>\n
\u201cYou know my favorite part about the holidays is kicking the XRP ETHGate Hornet\u2019s nest with easy-to-meme sound bites connected to mostly ignored nuanced points,\u201d<\/em> said Hoskinson. \u201cIt\u2019s like the first snow of winter.\u201d<\/em><\/p>\n Certain sections of the XRP community have alleged that Ethereum may have bribed the SEC to look away, leading to the refusal of the securities watchdog to designate the asset as a security. On the other hand, the SEC\u2019s decision to tag XRP tokens as securities kickstarted a lengthy legal battle that experts say impeded XRP\u2019s ability to reach its full potential.<\/p>\n XRP enthusiasts did not take Hoskinson\u2019s jibes lightly as they fired their salvos at the Cardano founder. They retorted with memes claiming that Hoskinson may have played a role in the alleged Ethereum\u2019s bribery of the SEC.<\/p>\n \u201cIt would be a huge plot twist to see you mixed up in all of this,\u201d<\/em> said one disgruntled XRP holder. \u201cMaybe that is why you turn a blind eye to what is in front of you. These Twitter sleuths are not playing around.\u201d<\/em><\/p>\n The XRP community is hinging their arguments on the fact that Hoskinson was part of Ethereum\u2019s co-founders, but the outspoken Cardano founder refuted their claims on the grounds that he left the Ethereum project in the summer of 2014.<\/p>\n Hoskinson went on to describe the ETHGate as mere conspiracies, citing the near impossibility of Ethereum bribing the SEC to witch-hunt XRP. He pointed out that XRP did not dabble in smart contracts and is not a direct competitor to Ethereum, making the theory highly unlikely.<\/p>\n Hoskinson described the SEC\u2019s handling of Ethereum as favoritism at best, as he pointed out that none of that activity presupposes corruption. Ripple\u2019s CTO David Schwartz lashed out against Hoskinson\u2019s submission, stating that the SEC\u2019s actions amounted to a clear case of corruption.<\/p>\n \u201cI would argue that a government actor showing favoritism aligned with the personal interest of themselves and their friends is corruption,<\/em>\u201d said Schwartz on X.<\/p>\n While Ripple Labs\u2019 executives have opted for a coy approach at terming ETHGate as corruption, Schwartz\u2019s tirade on X was the first time an exec publicly accused the security watchdog of corruption.<\/p>\nFaceoff with XRP execs<\/strong><\/h2>\n