Deaton Says #Cardano Founder Hoskinson Is Not An #XRP Enemy

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Attorney Deaton has asked XRP holders to stop harassing Charles Hoskinson.

In a tweet today, Attorney John Deaton, the founder of Crypto Law, has asked XRP holders to stop harassing Cardano founder Charles Hoskinson over the dispute that transpired a month ago.

What Happened?

Last month, Hoskinson said it is a grand conspiracy for members of the Ripple community to think Hinman had a conflict of interest with Ethereum officials while he was Director of the SEC’s Corporate Finance. Since Hoskinson made the comment, XRP holders have lambasted him for describing their claims as a grand conspiracy.

The Cardano founder disclosed later on that XRP holders were still harassing him despite the support he has given to Ripple over the years.

Deaton Wades In, Calls for Calm

In a bid to put an end to the dispute that has lasted for more than a month, Deaton called on XRP holders to stop harassing Hoskinson. Attorney Deaton said while the crypto community has lots of real enemies, he does not consider Hoskinson to be one despite the dispute that occurred in the past.

“As I’ve said before, please don’t contact or harass any person, including Charles. Let’s all please move on,” attorney Deaton added.

As I said @on_the_chain and on Twitter, I don’t consider @IOHK_Charles an enemy of #XRP. This space has real enemies who perpetuate fraud as we have all witnessed. As I’ve said before, please don’t contact or harass any person, including Charles. Let’s all please move on.

— John E Deaton (@JohnEDeaton1) November 14, 2022

It is worth mentioning that Deaton is currently the legal representative of over 75,000 XRP holders in the Ripple vs. SEC lawsuit. In the past months, attorney Deaton has earned the trust of XRP holders, who look up to him to defend their interests in the ongoing lawsuits.

Hoskinson Still Furious About the Incident

Meanwhile, Deaton’s call to XRP holders comes after Hoskinson brought up the issue again in a lengthy Twitter thread. Deaton stressed that there is a need for clearer crypto regulations, especially now that the industry is being faced with the effect of the FTX collapse.

Recall that FTX suffered one of the biggest collapses in the industry following the alleged mishandling of customers’ funds that left a black hole of over $8 billion in its balance sheet. The exchange has filed for Chapter 11 proceedings, leaving thousands of users to bear the consequences of having their funds stored on the trading platform.

According to Deaton, the lack of clear crypto regulations in the U.S. has driven businesses offshore while increasing the chance for fraud and corruption.

Ask yourself why was @GaryGensler meeting with SBF and NOT @brian_armstrong or @jespow? Even giving Gensler the benefit of the doubt, why SBF and not the largest exchange in the U.S. – which has a broker dealer license?

— John E Deaton (@JohnEDeaton1) November 13, 2022

Deaton added that Gary Gensler, the Chairman of the SEC, should have met with Hoskinson first before meeting with Sam Bankman-Fried, the former FTX CEO. Hoskinson revealed the efforts he has made to push for clear crypto regulations.

Once again you speak without knowing the facts. If you read my tweets you would know that I’ve said I don’t blame Lubin for seeking clarity or even a regulatory free pass. I said @bgarlinghouse was doing the same and would have accepted it as well. My focus as been on Hinman.

— John E Deaton (@JohnEDeaton1) November 14, 2022

Hoskinson further revealed how XRP holders have trolled him for describing their claims about Hinman and Ethereum officials as a grand conspiracy.

I’ve been relentlessly harassed by an army of xrp trolls since this entire debate began. Why the hell do you guys care about my opinion? Why is every tweet now filled with people using the grand conspiracy tag line. It’s your fan base. Tell them to stop

— Charles Hoskinson (@IOHK_Charles) November 14, 2022


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