Bitcoin News
By Jean-Luc Maracon
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Legal Battle Details. Ripple's been stuck in this SEC lawsuit since December 2020.
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Market Impact and Reactions. XRP still trades around $0.85 as of March 30, keeping its spot in the top ten cryptocurrencies by…
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Cardano founder Charles Hoskinson went after the XRP community hard on March 28. He basically said they can't think straight anymore because of all the marketing and propaganda…
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Hoskinson didn't pull any punches when he made these comments. The guy's been around crypto long enough to call things like he sees them, and he thinks the XRP crowd has lost…
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The crypto world exploded. Some people agreed with Hoskinson, others thought he was being a jerk.
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Ripple's been stuck in this SEC lawsuit since December 2020. The commission claims XRP is a security, which would mean Ripple sold unregistered securities worth billions.
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Ripple CEO Brad Garlinghouse keeps saying they'll fight this thing to the end. He's argued the SEC is being inconsistent because they let Bitcoin and Ethereum slide but want to…
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But Hoskinson thinks the XRP community won't listen to reason about any of it. He pointed to specific times when bad news came out about Ripple and the community just ignored it…
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The stakes are massive here. If the SEC wins, other crypto projects might face similar lawsuits.
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The XRP community fired back at Hoskinson pretty quick. They called him jealous of XRP's success and said he doesn't understand what Ripple's trying to build.
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Hoskinson doubled down on March 29. He gave an interview where he said misinformation in the XRP community is getting worse, not better.
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Meanwhile, Cardano keeps working on its own stuff. Hoskinson talked about scalability improvements and new partnerships during a March 15 community update.
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The court date set for April 15 might give us more clues about where the case is heading. Ripple's lawyers keep filing motions and the SEC keeps pushing back.
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Some industry watchers think Hoskinson's comments, while harsh, point to a real problem in crypto.
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Garlinghouse hasn't responded directly to Hoskinson's criticism yet. Ripple's probably focused on the legal fight and doesn't want distractions.
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