Hoskinson has made it clear that he has never done any kind of work for Ripple.

Vitalik Buterin reportedly said in 2013 that he applied to be an intern at Ripple.

After publicly criticizing XRP and its community, Cardano founder Charles Hoskinson denies rumors of previously collaborating with Ripple. When the U.S. Securities and Exchange Commission (SEC) classified Cardano as a “Security” being sold via non-compliant crypto exchanges, however, he attempted to make peace with the XRP community.

Charles Hoskinson tweeted that he doesn’t understand why people think he interned at Ripple. The founder of Cardano has made it clear that he has never done any kind of work for the blockchain company. But he did make a passing reference to Vitalik Buterin, the creator of Ethereum. He pointed out that he is often mistaken for ETH’s creator.

Tough Relationship With Ripple

However, Vitalik Buterin reportedly said in 2013 that he applied to be an intern at Ripple. In the same year, he also published an article in which he lauded Ripple. The creator of Ethereum praised Ripple’s accomplishment, saying that the company now has a decentralized mechanism to transmit, receive, and store any currency.

Hoskinson had some issues with the XRP community because of the ongoing legal struggle between the community and the SEC over how to classify XRP. After receiving significant criticism, he severed relations with the XRP community and banned multiple accounts on Twitter.

Meanwhile, he attempted to mend fences with the XRP community after it was purportedly classified as a “Security” by the SEC. In the last month, the price of Cardano has dropped drastically, by roughly 20%. However, in the last week, it has made a remarkable recovery, recouping most of the damage sustained. 

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Filed under: Bitcoin - @ June 24, 2023 4:37 pm