Claim BonusCardano Founder Charles Hoskinson Condemns Ripple’s Chris Larsen
Highlights
- Charles Hoskinson critiques Chris Larsen's $11.8M donation to Harris's campaign.
- Hoskinson joins RFK Jr. in slamming Biden-Harris for authorizing lethal force.
- XRP and ADA prices struggle to rebound amid ongoing market concerns and fluctuations in investor sentiment.
Cardano founder Charles Hoskinson takes a dig at Ripple co-founder Chris Larsen for his recent donations worth millions to support Democratic presidential candidate Kamala Harris. Hoskinson joined Robert F. Kennedy Jr. to criticize Joe Biden-Kamala Harris Administration for dividing the nation and authorizing lethal force against Americans.
Charles Hoskinson Slams Ripple’s Chris Larsen
Cardano founder Charles Hoskinson reacted to an X post by Robert F. Kennedy Jr. raising concern about the current political climate. RFK Jr slammed Kamala Harris for making a “fascism” comment about Donald Trump while in reality Joe Biden-Kamala Harris administration pushed ahead the DoD Directive 5240.01.
“DoD Directive 5240.01 giving the Pentagon power — for the first time in history — to use lethal force to kill Americans on U.S. soil who protest government policies. If you want to understand a politician, the words from her mouth have little relevance, said RFK Jr.
Hoskinson stressed this it is a “betrayal of the Posse Comitatus Act of 1878,” slamming the administration for pushing ahead with the directive targeting Americans.
He also slammed Chris Larsen for donating $11.8 million to Democrats. Crypto is still fighting for regulatory investigation, and using it for political context can add complexity to its decentralized and neutral ethos.
Crypto Market Falls Amid Chris Larsen’s Donations
Chris Larsen’s donation towards Kamala Harris campaign has impacted market sentiment. Ripple CEO Brad Garlinghouse and Larsen had to clarify why he donated XRP to Kamala Harris.
XRP price has dropped 5% this week, currently trading at $0.52. Also, XRP saw a decline in activity in the derivatives market, with an 82% decline in options volume, as per Coinglass data.
Moreover, ADA price has noted a 3% decline in last 24 hours, with the price currently trading at $0.34. The 24-hour high and low for ADA are $0.356 and $0.340.
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Bitcoin Price Reclaims $96K as Bitwise CIO Predicts “Parabolic” Run From BTC ETF Flows
- Germany’s DZ Bank Gets MiCAR Approval to Offer Institutional Bitcoin, Cardano Trading
- CLARITY Act Enters Critical Phase as Senate Committee Sets January 27 Markup
- Senator Warren Tells OCC to Stop World Liberty Bank Review Amid Trump Ties
- Bitcoin Rises to $94k as Trump Signals Alternatives Ahead of Supreme Court Tariffs Ruling
- Standard Chartered Predicts Ethereum Price could reach $40,000 by 2030
- Bitcoin Price Eyes $100k as Core US Inflation Slips Ahead of CLARITY Act Markup
- Why Is MSTR Stock Price Down Despite Recent Bitcoin Purchase
- Pi Coin Price Prediction: How Mainnet Migration and New Tokens Supply Could Affect Pi Network?
- Crypto Stocks To Watch: MSTR, Metaplanet, and S&P 500 price
- Solana Price Targets $200 as WisdomTree Declares Its Dominance Structural
