Ripple News: Cardano Founder, Charles Hoskinson who earlier criticized XRP and its community online, made a revelation about working with Ripple in the past. However, he tried to make a truce with the XRP community when the U.S. Securities and Exchange Commission (SEC) listed Cardano as a “Security” being offered by non-compliant crypto exchanges.
Cardano Founder, Vitalik And Ripple
Charles Hoskinson in a tweet questioned why people are claiming that he worked as an intern at Ripple. Cardano founder clarified that he never worked for the blockchain firm in any capacity in the past. However, he did mention Ethereum founder, Vitalik Buterin in the comment. He highlighted that people are confusing him with the ETH founder.
However, reports suggest that Vitalik Buterin had confessed that he tried to be an intern at Ripple back in 2013. He also wrote an article praising Ripple in the same year. ETH founder stated that Ripple accomplished an impressive feat as now they have a way of sending, receiving and holding any currency in a decentralized way.
Hoskinson had a kind of beef with the XRP community over its long running legal battle with SEC over its categorization. He even went on to cut ties with the XRP community and blocked several Twitter accounts while receiving heavy backlash.
Meanwhile, he tried to make peace with XRP and its community amid allegedly labeled as “Security” by the SEC. Cardano price registered a massive drop of around 20% in the last 30 days. However, it managed to recover some portion of the damage in the last 7 days. ADA is trading at an average price of $0.29, at the press time.
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