Charles Hoskinson and Brad Garlinghouse Bury the Hatchet To Usher in New Era for Crypto
- Charles Hoskinson denies that Ethereum insiders bribed the SEC to get ETH past regulators.
- The SEC vs. XRP lawsuit remains ongoing and will continue into 2025.
- XRP and ADA are currently trading at six-month highs.
A longstanding beef between two of crypto’s heavyweights may finally be coming to a close after Cardano (ADA) founder Charles Hoskinson and Ripple (XRP) CEO Brad Garlinghouse make vague hints at what many perceive to be a possible future partnership between the two.
-
Price Predictions Cardano Price Prediction 2025: ADA All-Time High Could Be in Sight
-
Price Predictions XRP Price Prediction 2025: Can XRP Hit $1.50 After SEC Case Conclusion and ETF Filing?
-
Crypto Is Cardano a Dead Chain? ADA Analysis Suggests Network May Never Deliver on Potential
Hoskinson vs. XRP Army
Over the past few years, Hoskinson has frequently argued with the XRP community, which mostly began over the ETHGate theory.
It alleges that before 2020, Ethereum (ETH) insiders bribed the U.S. Securities and Exchange Commission (SEC) and its former chairman, William Hinman, to give it an easier passage past the regulator and have it acknowledged as a non-security.
-
Price Predictions Cardano Price Prediction 2025: ADA All-Time High Could Be in Sight
-
Price Predictions XRP Price Prediction 2025: Can XRP Hit $1.50 After SEC Case Conclusion and ETF Filing?
-
Crypto Is Cardano a Dead Chain? ADA Analysis Suggests Network May Never Deliver on Potential
Hinman retired shortly after, and the hawkish Gary Gensler was subsequently appointed to the role. Following this, coins such as XRP got hit with lawsuits for selling unregistered securities by the SEC.
Outspoken on the matter, Hoskinson (also a co-founder of Ethereum) has battled the XRP community, which he has labeled as “toxic.” He argued that the XRP community manipulated the story to “become a lie that is beyond recognition.”
While Hoskinson promised never to comment on the XRP lawsuit, he broke his silence and noted that he didn’t believe it was a security. He also argued that ETH was treated differently due to its “size, scale, and scope,” not some backdoor bribe.
Hoskinson has gone as far as to hint that Cardano and Ripple couldn’t collaborate based on the technical differences and aims of the networks, as well as the “constant” attacks from the XRP. Though following posts from Hoskinson and Garlinghouse, things could be about to change.
A Team Up?
In a sudden and ambiguous turn of events, Hoskinson posted to X stating that he had spoken with Garlinghouse and noted that the XRP CEO was “extremely collaborative” and “excited” about the future. Carrying that same sentiment, Garlinghouse responded:
Is a partnership in the making? Who knows. Though Hoskinson then followed up:
The chances that it will be blockchain-centric is unlikely as the network’s SEC lawsuit against Ripple remains ongoing, as does the crypto industry’s battle for regulatory clarity.
Furthermore, Cardano has recently completed a major hard fork and has entered into the final phase of its development roadmap, the Voltaire era, which will see the network become completely decentralized.
The likelihood is that the duo could become a powerful united front in the battle for regulatory clarity in the U.S.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Will there be a Solana ETF by the end of 2025?
Cboe BZX filed four applications for spot Solana ETFs earlier this week.The approval path for additional spot crypto ETFs should become clearer with a pro-crypto White House administration.
Changes at the SEC start well ahead of Inauguration Day
One federal judge’s rulings this week found that the SEC had overstepped its authority and must vacate the Dealer Rule
Today's Fear and Greed Index fell slightly to 93, and the level is still extremely greedy