HomeCrypto NewsMarketCardano Founder Reacts as Fox Journalist Calls XRP Supporters “Conspiracy Theorists”

Cardano Founder Reacts as Fox Journalist Calls XRP Supporters “Conspiracy Theorists”

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Gasparino slams XRP holders over their claims against William Hinman.

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Fox Business host Charles Gasparino has slammed members of the XRP community over their claims against William Hinman, former director of the SEC’s Division of Corporation of Finance.

In a series of recent tweets, Gasparino called on XRP enthusiasts to grow up, adding that they are starting to come across as children and conspiracy theorists.

Alleged Corruption Between Hinman and Ethereum Officials

Recall that members of the XRP community had alleged that Hinman had a corrupt relationship with top Ethereum officials. This resulted in his controversial June 2018 speech, declaring ETH as a non-security.

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For context, Hinman was a partner at Simpson Thacher & Bartlett, a member of the Enterprise Ethereum Alliance (EEA). After Hinman left the SEC, he received over $9M in bonus and retirement earnings from Simpson Thacher. As the lawsuit between Ripple and the SEC lingers, the XRP community has continued to push these allegations against Hinman and Ethereum.

Gasparino’s Comment

Reacting to these claims, Gasparino said Hinman had not been indicted of any criminal conduct over his affairs with Ethereum officials. While Gasparino believes that Joe Biden’s government would love to nail an official of Donald Trump’s administration over a corruption scandal, he said there are no official indictments or investigations into Hinman’s role at the SEC apart from what he described as “XRP chirpings.” 

Furthermore, Gasparino urged the XRP community to focus on putting pressure on the SEC about how disgraced FTX founder Sam Bankman-Fried and FTX’s native token, FTT, escaped Ripple and XRP’s fate under the leadership of Gary Gensler.

Gasparino further added that the so-called evidence about Hinman’s links to Ethereum is not evidence of any crime.

Cardano Founder Reacts

Meanwhile, Cardano founder Charles Hoskinson, who was criticized by the XRP community for describing the allegations against Hinman as a grand conspiracy, reacted to Gasparino’s recent tweets.

In a tweet yesterday, Hoskinson said he had no comment on the development. 

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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.

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