Cardano Founder Charles Hoskinson Backs Elon Musk Amid $55B Tesla Pay Fiasco
The post Cardano Founder Charles Hoskinson Backs Elon Musk Amid $55B Tesla Pay Fiasco appeared on BitcoinEthereumNews.com.
In a dramatic twist in the saga involving Tesla CEO Elon Musk, Cardano founder Charles Hoskinson has publicly extended his support to Musk following the rescinding of Musk’s $55 billion compensation package by a Delaware judge. Moreover, Hoskinson slammed the political players for utilizing the legal system to prey on their enemies. Cardano Founder Extends Support To Elon Musk On May 20, 2024, Charles Hoskinson took to X and expressed his solidarity with Musk. The Cardano pioneer shared a YouTube video from Dave Rubin’s ‘The Rubin Report’ that discussed how Musk was “stabbed in the back.” Hoskinson deemed this ruling as “shameful” owing to the alleged political involvement. The video referenced a tweet from February 2024 by Kanekoa The Great. The tweet highlighted that Judge McCormick has a history tied to prominent political figures. Prior to her tenure as head of the Delaware Chancery Court, she was a partner at the Delaware law firm Young Conaway. Moreover, the firm and its employees have been substantial donors to President Joe Biden over the years. Furthermore, Hunter Biden hosted a campaign event at Young Conaway’s offices in 2016, where President Joe Biden was a guest speaker. Congressman John Carney, a close friend of Joe Biden, who later nominated McCormick to her judicial position, also has ties to the firm. The tweet also included a statement from a 2018 email by Hunter Biden. The statement asserted his familiarity with every judge on the Delaware Chancery Court and suggesting his influence within the court. Moreover, it spotlight McCormick’s rulings against the Tesla CEO during his Twitter acquisition and the subsequent federal investigations into Musk’s businesses. This has fueled allegations of political bias and legal weaponization against Musk. The Cardano founder echoed these concerns, responding to a user questioning the significance of this issue amid…
Filed under: News - @ May 20, 2024 3:26 pm