Cardano Founder Responds To Rumors Of Journalist’s ‘Damning’ Evidence Against Him

Share This Post

Despite still being in its nascent phase, the crypto industry is no stranger to differing opinions from maximalists of different cryptocurrencies. This has often led to controversies and debates, some of which are more baseless than others. 

The most recent disputes in crypto have been sparked by the back-and-forth between Charles Hoskinson, the founder of Cardano, and some members of the XRP community. As a result, an old video has resurfaced of a journalist claiming to possess damaging information against Hoskinson. However, the Cardano founder has wasted no time in calling out the bluff.

The Resurfaced Video That Sparked Accusations

Mr. Huber, an XRP enthusiast recently shared a 2022 video featuring journalist Laura Shin on social media platform X. In the video, Shin discussed a number of topics that seemed like conspiracy theories, claiming that Hoskinson had allegedly paraded himself as Satoshi Nakamoto, Bitcoin’s anonymous creator. She also asserted that early members of the Ethereum team had a dossier of damning information they found on the internet on Hoskinson because of the distrust they had in him. 

The video isn’t a new one as it failed to gain traction when it was made. In response to the recent tweet, the Cardano founder called out the bluff on why the Shin hadn’t published this so-called evidence. “She specializes in bottom feeder journalism,” Hoskinson said.

Why Did The Video Resurface Now?

The video was posted by Mr.Huber as a clapback to Hoskinson’s recent claims about XRP. There have been rumors claiming that the SEC was corrupt in its dealings with Ethereum in the crypto’s early days. 

There was an email that showed that the SEC’s former director, Bill Hinman, may have been influenced by Ethereum’s co-founder, Vitalik Buterin before he gave his speech where he mentioned that ETH wasn’t a security. According to some members of the XRP community, this was unfair as it seems like Ripple and XRP were unfairly targeted by the SEC.

However, while speaking on the subject, Hoskinson mentioned that he doesn’t see anything wrong with the way the SEC dealt with the matter, leading to a clapback from XRP enthusiasts. 

It’s important to note that the Cardano co-founder was one of the earliest members of Ethereum’s founding team, so his ideas about the issue could be coming from a biased front. To make matters worse, Hoskinson recently made tweets mocking XRP enthusiasts. 

On the other hand, journalist Julia Shin has always been at loggerheads with Hoskinson in the past. In her book titled “Cryptopians,” she said Hoskinson never enrolled in a PhD program, contrary to his claims.

Cardano price chart from Tradingview.com

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Trump-Backed DeFi Project Set To Launch WLFI Token Sale October 15

Former President Donald Trump foray into decentralized finance (DeFi) with his initiative, World Liberty Financial, has officially begun onboarding users, with a public sale of its WLFI token

Ripple’s Chris Larsen 1.75 Million XRP To Kamala Harish, What’s The Motive

The post Ripple’s Chris Larsen 175 Million XRP To Kamala Harish, What’s The Motive appeared first on Coinpedia Fintech News Ripple Chairman Chris Larsen has made headlines by donating

Japan’s Metaplanet Scoops Another 108 Bitcoin, Inches Closer To 1000 BTC Target

On October 10, 2024, Japanese investment firm Metaplanet added another 108 Bitcoin (BTC) to its reserves, bringing its total holdings to over 748 BTC Metaplanet Eyes 1000 Bitcoin Target In its third

Why Crypto Market is Up Today: Whale Demand and ETF Inflows Spark Weekend Rally

The post Why Crypto Market is Up Today: Whale Demand and ETF Inflows Spark Weekend Rally appeared first on Coinpedia Fintech News The total crypto market cap surged by 2 percent in the past 24 hours

Why Crypto Market Is Up Today? Will US Elections 2024 Drive More Gains?

The post Why Crypto Market Is Up Today Will US Elections 2024 Drive More Gains appeared first on Coinpedia Fintech News The total crypto market cap surged by 2 percent in the past 24 hours to hover

Bitcoin Price Braces For Volatility Ahead Of Chinese Stimulus Speculations, Options Expiry

Bitcoin (BTC) may experience increased volatility in the coming days, driven by speculation surrounding another Chinese fiscal stimulus announcement and the expiration of BTC options worth $11