Charles Hoskinson lashed out at members of the Ethereum community for calling ADA a ponzi scheme in a newly revealed video.
Tensions continue to rise within the cryptocurrency community amid one of the industry’s biggest crises to date. Cardano continues to perform normally, while leading crypto projects that have emerged recently including Terra, Celsius, and FTX have crashed. Arrows of criticism have been turned to Cardano’s cryptocurrency ADA. But founder Hoskinson took a hard line when he saw ADA being described as a ponzi scheme.
Cardano Founder Responds to Ponzi Scheme Criticism
Charles Hoskinson, known as one of the co-founders of Ethereum, is having a disagreement with members of the community behind the second largest cryptocurrency.
The events unfolded after Bankless founder Ryan Sean Adams tweeted that pitchforks were out for the “wrong people” in light of the recent FTX drama. Names from the Ethereum community have described Cardano as a ponzi scheme.
Remember that Cardano is a scam people. Thank God we have things like celsius, luna, and FTX to protect us. Seriously fuck you guys. https://t.co/SXzLaY0rex
— Charles Hoskinson (@IOHK_Charles) November 13, 2022
Outraged by the reviews, Hoskinson responded with an ironic and grim reproach to the community.
Quoting the Twitter post, Hoskinson said:
“Remember that Cardano is a scam. Thank God we have things like Celsius, LUNA and FTX to protect us. Seriously (go away)”
17958
