Charles Hoskinson, the founder of Cardano, expressed his belief that the actions of the US Securities and Exchange Commission (SEC) regarding Ethereum were driven by favoritism rather than corruption. He highlighted the statement made by SEC director William Hinman in 2018, clarifying that Ether was not considered a security. However, the regulatory status of other cryptocurrencies, such as XRP, is still being debated. Hoskinson emphasized the differences between Ethereum and XRP in terms of clientele, features, and business models. He also mentioned that he was one of the co-founders of Ethereum but left the project in 2014, leading to the creation of Cardano.
AI Sentiment: Neutral