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Cardano Founder Dismisses ETHGate Theory Rumors: Report

Published 10/15/2023, 03:04 PM
Updated 10/15/2023, 03:15 PM
Cardano Founder Dismisses ETHGate Theory Rumors: Report
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  • Charles Hoskinson argues that he is completely against the SEC, dispelling rumors regarding his ETHGate theory definition.
  • Previously, Hoskinson argued that the SEC’s stance on ETH is not a part of corruption but favoritism.
  • Cardano’s founder received stark criticism alleging that he favored SEC’s corruption

The crypto space, fully open to controversies and scandals, recently caught attention with Cardano founder Charles Hoskinson’s contentious comments on the ETHGate Conspiracy Theory. In a recent AMA session on October 8, Hoskinson, who is also a co-founder of Ethereum, dispelled the ETHGate theory, arguing that the Securities and Exchange Commission’s (SEC) stance on Ether is not rooted in “corruption,” but an act of “favoritism.”

While his Ether-favored comments remain controversial, Deaton received a stack of criticism, alleging that his opinions sided with the regulator’s corruption. However, Deaton stood firm, dismissing rumors against him, claiming that he is “completely against” the SEC.

https://x.com/IOHK_Charles/status/1713419814125830204

Deaton asserted that the rumor against him is a “great irony of co…

The post Cardano Founder Dismisses ETHGate Theory Rumors: Report appeared first on Coin Edition.

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