Cardano founder praises the resilience of the XRP community and Ripple's CTO

Cardano founder praises the resilience of the XRP community and Ripple's CTO
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Charles Hoskinson Sending kudos to the XRP community for everything they went through with the long drawn out SEC lawsuit and all the delistings from top exchanges.

Hoskinson also mentioned his public meetings with Ripple's David Schwartz, and spoke favorably of Ripple's CTO.

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XRP community 'as resilient as ever', Ripple CTO 'very smart': Hoskinson

In a recent podcast, Hoskinson talked about being strong enough to be able to stand up after taking a hard hit. The Cardano founder pointed to the XRP community as a great example of such a stance in the face of difficulties. “Every time you get hit hard, you have to come back,” he added.

“No one has been hurt more than them,” Hoskinson said, referring to the XRP community. He shared that he spent a lot of time in their spaces and a lot of time talking with their community members.

He also spoke well of David Schwartz, Ripple's chief technology officer, saying he was "a great guy, a brilliant guy." “It's very interesting to meet him,” Hoskinson added, saying: “He's very smart.” Furthermore, the Cardano creator said that Schwartz is still really passionate about Ripple and XRP after everything Ripple has been through thanks to the SEC.

Here's what Hoskinson had to say about it: "Every step of the way they were disqualified, delisted, sued. And even when they won, they still had to fight. And yet, they're still there. They're still standing." The comments Hoskinson made came as he spoke about the SEC filing an opening brief to appeal Ripple's recent court victories.

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Ripple CEO criticizes SEC and its chairman

The boss rippled Brad Garlinghouse criticized the Chairman of the Securities and Exchange Commission Gary Gensler on the regulator's filing of an opening brief in the appeal case against Ripple.

The opening brief insists that the court incorrectly concluded that Ripple's XRP offerings and sales did not meet Howey's requirement to anticipate profits.

Garlinghouse commented on this in his post X, calling the action “one definition of insanity.” “Doing the same thing over and over again and expecting different results,” he said. Gensler's Securities and Exchange Commission took this very seriously.

Such persistence is already raising eyebrows in the cryptocurrency community, given the fact that on January 25, Gensler will vacate the position of SEC Chairman.



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