Home / News / Crypto / News / Charles Hoskinson and Brad Garlinghouse Bury the Hatchet To Usher in New Era for Crypto
News
4 min read

Charles Hoskinson and Brad Garlinghouse Bury the Hatchet To Usher in New Era for Crypto

Published
Eddie Mitchell
Published
By Eddie Mitchell
Edited by Insha Zia
Key Takeaways
  • Charles Hoskinson denies that Ethereum insiders bribed the SEC to get ETH past regulators.
  • The SEC vs. XRP lawsuit remains ongoing and will continue into 2025.
  • XRP and ADA are currently trading at six-month highs.

A longstanding beef between two of crypto’s heavyweights may finally be coming to a close after Cardano (ADA) founder Charles Hoskinson and Ripple (XRP) CEO Brad Garlinghouse make vague hints at what many perceive to be a possible future partnership between the two.

Hoskinson vs. XRP Army

Over the past few years, Hoskinson has frequently argued with the XRP community, which mostly began over the ETHGate theory.

It alleges that before 2020, Ethereum (ETH) insiders bribed the U.S. Securities and Exchange Commission (SEC) and its former chairman, William Hinman, to give it an easier passage past the regulator and have it acknowledged as a non-security.

Hinman retired shortly after, and the hawkish Gary Gensler was subsequently appointed to the role. Following this, coins such as XRP got hit with lawsuits for selling unregistered securities by the SEC.

Outspoken on the matter, Hoskinson (also a co-founder of Ethereum) has battled the XRP community, which he has labeled as “toxic.” He argued that the XRP community manipulated the story to “become a lie that is beyond recognition.”

While Hoskinson promised never to comment on the XRP lawsuit, he broke his silence and noted that he didn’t believe it was a security. He also argued that ETH was treated differently due to its “size, scale, and scope,” not some backdoor bribe.

Hoskinson has gone as far as to hint that Cardano and Ripple couldn’t collaborate based on the technical differences and aims of the networks, as well as the “constant” attacks from the XRP community. Though following posts from Hoskinson and Garlinghouse, things could be about to change.

A Team Up?

In a sudden and ambiguous turn of events, Hoskinson posted to X stating that he had spoken with Garlinghouse and noted that the XRP CEO was “extremely collaborative” and “excited” about the future. Carrying that same sentiment, Garlinghouse responded:

Is a partnership in the making? Who knows. Though Hoskinson then followed up:

The chances that it will be blockchain-centric is unlikely as the SEC lawsuit against Ripple remains ongoing, as does the crypto industry’s battle for regulatory clarity.

Furthermore, Cardano has recently completed a major hard fork and has entered into the final phase of its development roadmap, the Voltaire era, which will see the network become completely decentralized.

The likelihood is that the duo could become a powerful united front in the battle for regulatory clarity in the U.S.

Was this Article helpful? Yes No
Eddie is a gaming and crypto writer at CCN. Covering the often weird and wonderful world of Web3 with an adoring, but skeptical eye. Prior to CCN, Eddie has spent the past seven years working his way through the crypto, finance, and technology industry. He began with PR and journalism with Bitcoin PR Buzz and BitcoinNews.com, eventually working his way to become a copywriter with a dozen firms, including the likes of Polkadot before returning to journalism in 2023. Having studied Radio production and journalism at University in the UK, Eddie spent a few years making podcasts and presenting on a local London radio station as he built up his writing chops. A lifelong skateboarder, Eddie can often be found at the skatepark or touring the streets looking for something new to try. That, or kicking back playing JRPGs on his original PSP.
See more
loading
loading