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HomeCrypto NewsMarketDeaton Says Cardano Founder Hoskinson Is Not An XRP Enemy

Deaton Says Cardano Founder Hoskinson Is Not An XRP Enemy

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Attorney Deaton has asked XRP holders to stop harassing Charles Hoskinson.



In a tweet today, Attorney John Deaton, the founder of Crypto Law, has asked XRP holders to stop harassing Cardano founder Charles Hoskinson over the dispute that transpired a month ago.

What Happened?

Last month, Hoskinson said it is a grand conspiracy for members of the Ripple community to think Hinman had a conflict of interest with Ethereum officials. At the same time, he was the Director of the SEC’s Corporate Finance. Since Hoskinson made a comment, XRP holders have lambasted him for describing their claims as a grand conspiracy.

The Cardano founder disclosed later on that XRP holders were still harassing him despite the support he has given to Ripple over the years.

Deaton Wades In, Calls for Calm

In a bid to end the dispute that lasted for more than a month, Deaton called on XRP holders to stop harassing Hoskinson. Attorney Deaton said while the crypto community has lots of real enemies, he does not consider Hoskinson to be one despite the dispute that occurred in the past.

“As I’ve said, please don’t contact or harass any person, including Charles. Let’s all please move on,” attorney Deaton added.

It is worth mentioning that Deaton is currently the legal representative of over 75,000 XRP holders in the Ripple vs. SEC lawsuit. Attorney Deaton has earned the trust of XRP holders, who look up to him to defend their interests in the ongoing lawsuits.

 

Meanwhile, Deaton’s call to XRP holders comes after Hoskinson brought up the issue again in a lengthy Twitter thread. Deaton stressed that there is a need for clearer crypto regulations, especially now that the industry is being faced with the effect of the FTX collapse.

According to Deaton, the lack of clear crypto regulations in the U.S. has driven businesses offshore while increasing the chance for fraud and corruption.

Deaton added that Gary Gensler, the Chairman of the SEC, has no time to meet with Coinbase and Kraken CEO, but he meets with the former FTX CEO.

Deaton said, “Charles should be in there talking to regulators way before SBF.”

Deaton said we need to be respectful to each other and should move on. Cardano’s founder finally apologizes as both agree to move on.

 

 

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Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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