Pro-XRP Lawyer Asks Charles Hoskinson To Prove ADA’s Non-Security Status Amid SEC Scrutiny

Pro-XRP Lawyer Asks Charles Hoskinson To Prove ADA’s Non-Security Status Amid SEC Scrutiny

In the ever-evolving landscape of cryptocurrency, Cardano founder Charles Hoskinson has gained attention as regulatory scrutiny continues to intensify. Meanwhile, the U.S. Securities and Exchange Commission (SEC) has launched another enforcement action, this time targeting Kraken, a prominent crypto exchange.
Talking about the recent lawsuit, a crypto enthusiast named Orlando.btc on the X platform, sheds light on the allegations, drawing parallels to the SEC’s previous actions against Coinbase. However, amidst the legal showdown, Cardano Founder Charles Hoskinson enters the fray with a robust response to accusations involving ADA.
Jeremy Hogan Asks Hoskinson To Defend ADA
The legal drama takes a twist as the SEC lists tokens, including ADA, as “crypto securities” traded on Kraken. A user on the X platform directs attention to ADA, insinuating that the SEC views it as an illegal security offering. Charles Hoskinson, known for his role in founding Cardano, responds to the user’s

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