Charles Hoskinson, the controversial founder of Cardano and CEO of Input Output, has denied allegations that he was involved in a plan to crack down on Cardano. $XRP Obtain tokens through enforcement regulations.
Hoskinson reflected on his own controversial past with the Ethereum community and emphasized how ridiculous such accusations are.
Although Hoskinson and Ripple have recently made progress toward repairing their relationship, recent interactions prove that the infamous “ETHgate” conspiracy is largely alive and well among some conspiracy theorists. $XRP community.
recent conflicts
The user uproar accused Hoskinson of being involved in #ETHgate.
This somehow ridiculous term referring to the famous Watergate scandal refers to a conspiracy theory popular within the United States. $XRP ecosystem. Some enthusiasts are convinced that there was some sort of deliberate plan concocted by the Ethereum camp to cause harm. $XRP In the infamous lawsuit against Ripple.
But Hoskinson also has a rocky past with Ethereum. “I was kicked out of Ethereum in June 2014 and they have treated me badly for 12 years ever since, including a terrible book,” Hoskinson fired back. “But after a few years, I decided to work with them to help attack Ethereum.” $XRP? ”
Therefore, despite years of accusations, his involvement is highly unlikely.
Origin of “ETH Gate”
After the SEC decided to sue Ripple Labs for allegedly unregistered securities offerings in late 2020. $XRP Fans began to claim that Ethereum insiders bribed or unduly influenced SEC officials to give Ethereum a regulatory “free pass,” while simultaneously orchestrating targeted legal attacks against Ripple.
Hoskinson has consistently pushed back against this narrative, despite being the original co-founder of Ethereum before his messy departure.
He has repeatedly maintained that there is no solid evidence of bribery or a coordinated attack by Ethereum insiders.
The SEC’s actions were simply flawed and incompetent, but not biased.
Hoskinson’s refusal to verify the ETHgate conspiracy theory has infuriated vocal advocates.$XRP army. “
Tensions peaked in 2022-2023. After months of intense personal attacks and accusations, Hoskinson famously lost patience.
He finally $XRP The community is toxic and boring, effectively burning bridges. he also said he would talk longer $XRPRipple, or SEC litigation.
The relationship between Cardano and Ripple has finally unraveled (at least at the executive level).
Hoskinson extends an olive branch $XRP After this, he had a high-level discussion with Ripple CEO Brad Garlinghouse and Ripple CTO David Schwartz.
However, the recent proliferation of social media $XRP The community may not be ready to bury the hatchet yet.
