Cardano founder, Charles Hoskinson has waded into the recent ETHGate controversy.
He believes there is no evidence of bribery by the ETH founding team.
Charles Hoskinson, the founder of the Cardano (ADA) protocol has attempted to clarify the rumors about Ethereum (ETH) bribing the United States regulator Securities and Exchange Commission (SEC) against the Ripple-owned token XRP. His discussions during a recently held Ask-me-Anything (AMA) session were surrounding the drafts of William Hinman’s controversial speech on cryptocurrency and the ETHGate theory.  
For context, ETHGate is a circulating theory that presumes that Ethereum executives lobbied to ensure favorable regulation for the ETH token by establishing relationships with SEC officials. When approached for his thoughts on the theory, Hoskinson highlighted that the activities leading up to Hinman’s speech basically show favoritism and not corruption as is widely suspected. 
At the same time, he acknowledged the importanc

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