Cardano Founder Reacts as Fox Journalist Calls XRP Supporters “Conspiracy Theorists”

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Gasparino slams XRP holders over their claims against William Hinman.

Fox Business host Charles Gasparino has slammed members of the XRP community over their claims against William Hinman, former director of the SEC’s Division of Corporation of Finance.

In a series of recent tweets, Gasparino called on XRP enthusiasts to grow up, adding that they are starting to come across as children and conspiracy theorists.

The XRP community needs to grow up; its coming across as conspiracy theorists and children

— Charles Gasparino (@CGasparino) January 7, 2023

Alleged Corruption Between Hinman and Ethereum Officials

Recall that members of the XRP community had alleged that Hinman had a corrupt relationship with top Ethereum officials. This resulted in his controversial June 2018 speech, declaring ETH as a non-security.

For context, Hinman was a partner at Simpson Thacher & Bartlett, a member of the Enterprise Ethereum Alliance (EEA). After Hinman left the SEC, he received over $9M in bonus and retirement earnings from Simpson Thacher. As the lawsuit between Ripple and the SEC lingers, the XRP community has continued to push these allegations against Hinman and Ethereum.

Gasparino’s Comment

Reacting to these claims, Gasparino said Hinman had not been indicted of any criminal conduct over his affairs with Ethereum officials. While Gasparino believes that Joe Biden’s government would love to nail an official of Donald Trump’s administration over a corruption scandal, he said there are no official indictments or investigations into Hinman’s role at the SEC apart from what he described as “XRP chirpings.” 

Lets unpack the (il)logic of Hinman’s criminal intent. Biden DOJ would love to nail a Trump official for violating law. The feds are well aware of what Hinman did and yet, there is no indictment, not even an investigation aside from a bunch of #XRPers chirping. Time to move on https://t.co/kF4hjhpCq8

— Charles Gasparino (@CGasparino) January 7, 2023

Furthermore, Gasparino urged the XRP community to focus on putting pressure on the SEC about how disgraced FTX founder Sam Bankman-Fried and FTX’s native token, FTT, escaped Ripple and XRP’s fate under the leadership of Gary Gensler.

Instead of going down the Hinman ethics violation rabbit hole, #XRP community should be putting pressure on @SECGov about how the @SBF_FTX token, FTT, somehow managed to evade the fate of @Ripple/XRP w @GaryGensler & Co. FTT was an integral part of the FTX-Alameda ecosystem (1/2)

— Charles Gasparino (@CGasparino) January 8, 2023

Gasparino further added that the so-called evidence about Hinman’s links to Ethereum is not evidence of any crime.

Cardano Founder Reacts

Meanwhile, Cardano founder Charles Hoskinson, who was criticized by the XRP community for describing the allegations against Hinman as a grand conspiracy, reacted to Gasparino’s recent tweets.

In a tweet yesterday, Hoskinson said he had no comment on the development. 

No comment

— Charles Hoskinson (@IOHK_Charles) January 8, 2023

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