Hoskinson and Schwartz Clash
Cardano founder Charles Hoskinson and Ripple CTO David Schwartz are embroiled in a heated debate over Ripple’s regulatory challenges and allegations surrounding the “ETH Gate.”
ETH Gate Allegations
Hoskinson has dismissed rumors that the Ethereum community influenced the SEC’s decision to target XRP. However, Schwartz has raised concerns about a potential conflict of interest involving former SEC director William Hinman, who had financial ties to Ethereum.
Hoskinson’s Backlash
Hoskinson has faced criticism from the XRP community for allegedly spreading misinformation. XRP supporters have accused him of using emotional language and portraying himself as a victim.
Hoskinson’s Defense
Hoskinson has challenged XRP supporters to provide evidence of Ethereum’s direct influence on the SEC’s actions. He maintains that the allegations of bribery are merely conspiracy theories.
Schwartz’s Rebuttal
Schwartz has argued that the ETH Gate allegations question the SEC’s regulatory decisions, which have favored Ethereum over XRP. He has also criticized Hoskinson for misrepresenting the concerns raised by the XRP community.
