Cardano (ADA) founder Charles Hoskinson has announced that he will no longer talk about Ripple and its native token XRP, citing violent attacks from the community.
Cardano founder stops discussing XRP. Here’s why!
According to Hoskinson, the attacks emerged from his stance in the ongoing Ripple and Securities Exchange Commission (SEC) case, in which he was accused of colluding with the regulator, he said during a webcast on Dec.
In these lines, Hoskinson stated that sources close to the subject had informed him that the case would be concluded on December 15th. accuses him of being a liar.
Hoskinson, who also serves as the co-founder of Ethereum (ETH), noted that the attacks were unfounded and that he was on the Ripple side.
He stated that over the years, it has become harder to engage with the XRP community, so he decided to stop talking about the project in general.
“I was accused of lying and again accused of creating a flood and trolling. I don’t know how to interact with the XRP community, I think my statements have historically been very measured and supportive.”
“Therefore, going forward, I will not under any circumstances answer any questions regarding XRP. I will not talk about the project; I will not talk about anything that happened after the XRP case was settled. I won’t even discuss it if asked in the future; I’ll just say no comments.”
Hoskinson at Ripple support
Hoskinson stated that he supports Ripple’s attempt to popularize the cryptocurrency industry and is tired of being on the receiving end whenever he comments on XRP.
At the same time, Hoskinson pointed out that the conspiracy theories linked to his involvement in the case are “meaningless”, stating that it is time to end his relationship with XRP.
It is worth noting that the XRP community has repeatedly attacked Hoskison in arguing that the token is not a security after he stated that the SEC litigation is ongoing due to the lack of clear regulations in the crypto industry.
Disappointment with the XRP community
As reported in October, Hoskinson expressed his frustration with the continued attacks stemming from his comment, stating that Ethereum “may have passed because, as some believe, some commissioners have somehow been caught in a massive wave of corruption.”
Meanwhile, both XRP and the SEC made their final presentations as legal experts continued to predict the likely outcome of the case.