Ripple’s CTO, David Schwartz, has responded to Cardano founder Charles Hoskinson’s comments regarding the US regulators’ determination that Ethereum (ETH) is not a security. Hoskinson addressed the conspiracy theory known as ETHgate, which suggests that Ethereum received preferential treatment from US regulators. He argued that the government’s actions were not corrupt but rather showed favoritism. Schwartz, on the other hand, believes that favoritism aligned with personal interests can be considered corruption. The XRP community, including Schwartz, clashed with Hoskinson over the definition of corruption. Some community members also speculated that Hoskinson’s questions about ETHgate evidence may be related to his alleged hidden past in Ethereum. Hoskinson was one of the co-founders of Ethereum but left in 2014 to launch Cardano.

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Information	Details
Geography	North America
Countries
Sentiment	neutral
Relevance Score	1
People	Vitalik Buterin, David Schwartz, William Hinman, Charles Hoskinson
Companies	Ethereum, U.S. Securities and Exchange Commission (SEC), XRP community, XRP, United States regulators, Cardano
Currencies	Ethereum, XRP
Securities	None