Cardano Founder Charles Hoskinson has called for peace to the XRP community after ADA was also featured as a security.
The crypto industry has been in intense conflict with regulators. While the harmonization process is being discussed, the actors of the sector do not take a step back. Many crypto actors consider the SEC to be malicious. It was noteworthy that the SEC also showed projects such as Cardano and Solana as securities.
Cardano Founder Charles Hoskinson made an interesting tweet these days, when ADA was also shown as a security and intense discussions began. Hoskinson has invited the XRP community to peace.
Cardano Founder Seeks Peace With XRP Community
Cardano Founder Charles Hoskinson has left behind his long-running conflicts with XRP and requested peace.
Regulatory pressures on the crypto industry continue to bring the actors of the industry together. Previously, the legal officers of Ripple and Coinbase had met. The litigation processes that started after this event also place other crypto actors on the opposite side of the regulators.
Hoskinson, who could not get along with the XRP community for a long time, strangely tweeted peace today. Hoskinson appealed to the XRP community for peace.
Earlier, Hoskinson made statements about XRP’s securities lawsuits and received intense reaction from the community. Hoskinson, in particular, lit the fuse by saying that the Ripple case was worrying for the industry.
At one point, Hoskinson was even asked how the ADA would react if faced with securities charges. Hoskinson gave evasive answers to this question.
Looking back today, one of the crypto projects on the SEC’s radar has been Cardano. The SEC has stated that ADA is a security in its lawsuits against Coinbase and Binance.
Strongly opposed to the portrayal of ADA as a security, the Cardano team also gained support from its community. However, Hoskinson approached the crypto project, which is being tried under the label of another security, these days when the project is seen as a security. The founder of Cardano stated that he wants to make peace with the XRP community.
XRP Community, peace?
— Charles Hoskinson (@IOHK_Charles) June 10, 2023