- Charles Hoskinson, co-founder of Cardano, addressed speculation about preferential treatment for Ethereum by the SEC compared to XRP.
- Hoskinson emphasized the need for substantive proof before making allegations.
- He argued that without an investigation, SEC’s motivations for a “free pass” to Ethereum remain unknown
In a recent live on X, Charles Hoskinson, the co-founder of Cardano, addressed lingering speculation about whether Ethereum received preferential treatment from the SEC compared to other cryptocurrencies like XRP. Hoskinson cautioned against jumping to conclusions without evidence.
Hoskinson acknowledged the frustration around this topic but stressed the need for substantive proof before alleging misconduct. He argued that without a proper investigation, it’s impossible to know the SEC’s motivations for a potential “free pass” to Ethereum. He also mentioned that various factors could be at play, from personal relationships to geopolitics.
Additionally, Hoskinson challenged accusations that individuals from Ethereum influenced the SEC’s decision to sue Ripple over XRP sales. He emphasized that such claims require concrete evidence like emails, recordings, or whistleblowers. Without proof, the allegations amount to conspiracy theories.
Throughout the video, Hoskinson lamented the lack of oversight into government and corporate misdeeds. Hoskinson cited cases like CIA actions over the years and the influence of big donors in Silicon Valley. He also warned about the dangers of speculative case law that could later haunt Ethereum. Additionally, he pointed out that proving such allegations without a proper investigation was nearly impossible.
Overall, Hoskinson advocated for evidence-based, nuanced discussions about cryptocurrency regulation. Addressing the concern of whether individuals from Ethereum influenced the SEC’s actions against XRP, Hoskinson challenged those making allegations to provide substantial evidence. He questioned whether there were emails, recordings, texts, or whistleblowers who could support such claims.
Hoskinson’s message echoed his consistent stance that XRP is not a security. He emphasized that allegations of bribery or influence require concrete evidence, which was lacking in this case. He concluded that these issues should be approached with caution, underlining the importance of evidence-based discussions.
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