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- Hoskinson has clarified that he has never engaged in any work for Ripple.
- Vitalik Buterin is said to have mentioned in 2013 that he sought an internship at Ripple.
Following his public criticism of XRP and its community, Cardano founder Charles Hoskinson has refuted claims of any prior collaboration with Ripple. However, after the U.S. Securities and Exchange Commission (SEC) designated Cardano as a “Security” being traded on non-compliant crypto exchanges, he sought to reconcile with the XRP community.
Charles Hoskinson expressed on Twitter his confusion regarding the belief that he interned at Ripple. The Cardano founder emphasized that he has never been involved with the blockchain firm. He did, however, make a brief mention of Vitalik Buterin, the founder of Ethereum, noting that he is frequently confused with ETH’s creator.
Why do I keep seeing people claim I worked at Ripple as an intern? I never worked for them in any capacity. You’re confusing me for Vitalik who I believe was an intern
— Charles Hoskinson (@IOHK_Charles) June 23, 2023
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Tough Relationship With Ripple
Nonetheless, Vitalik Buterin is reported to have stated in 2013 that he applied for an internship at Ripple. That same year, he also wrote an article praising Ripple, commending the company for establishing a decentralized system for the transmission, reception, and storage of any currency.
Hoskinson faced challenges with the XRP community due to the ongoing legal battle between the community and the SEC regarding the classification of XRP. Following substantial criticism, he cut ties with the XRP community and blocked several accounts on Twitter.
In the meantime, he made efforts to repair relations with the XRP community after it was allegedly classified as a “Security” by the SEC. Over the past month, the price of Cardano has significantly declined, dropping by approximately 20%. However, in the past week, it has shown a notable recovery, regaining much of the losses incurred.
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