Here’s What Cardano’s Charles Hoskinson Believes Is Driving The SEC’s Crypto Crackdown

Cardano Founder, Charles Hoskinson, suggests that the SEC's crackdown on the crypto industry is politically motivated and driven by the Democratic Party's efforts to save face after the fall of FTX founder Sam Bankman-Fried, but he believes that the SEC is not specifically targeting Cardano.

bitcoinist.com

Relevant topic timeline:

8/22/2023

Sam Bankman-Fried, Living on Bread and Water in Prison, Pleads Not Guilty - Decrypt

Summary: Sam Bankman-Fried, the founder of FTX, is facing difficulties in jail ahead of his trial, as he is lacking computer access, medications, and support for his vegan diet, preventing him from preparing an effective defense against fraud and conspiracy charges.

8/23/2023

Cardano's Hoskinson Says SEC Not Coming After ADA

Cardano founder Charles Hoskinson clarifies that there has been "no enforcement event" targeting Cardano's ADA token amid growing concerns over increased SEC scrutiny.

8/25/2023

Cardano Will Become World's Biggest Cryptocurerncy, Hoskinson Says

Cardano (ADA) is predicted to surpass Bitcoin and Ethereum to become the world's largest cryptocurrency, according to Charles Hoskinson, the CEO of IOG.

8/27/2023

Pro-XRP Attorney Explains What Could Have Helped Ripple in its Battle Against SEC

The founder of CryptolawUS, John Deaton, criticizes the SEC for its "aiding and abetting" allegations against Brad Garlinghouse and believes that involving former SEC executives earlier could have prevented the situation; he also argues that time and resources could have been better used for promoting cryptocurrencies rather than engaging in litigation.

8/31/2023

Can Cardano Reach $1?

Cardano faces regulatory risk and stagnant user and transaction activity, hindering its progress towards reaching $1 and becoming a major player in the cryptocurrency market.

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Posted 8/25/2023, 12:00:23 PM