While Ripple execs claim that the company has been unfairly treated by the SEC, Ethereum frontman Vitalik Buterin hasn’t been exactly silent either. In a fresh jibe, the latter accused the former of throwing Ethereum under the bus as “China-controlled.”
This is when Buterin stepped in and praised the Ethereum community for pushing against regulations that privilege Ether over other legitimate crypto-assets. When Bankless.eth founder, David Hoffman, responded by saying that he wouldn’t have said anything if Ontario exchanges had restricted XRP, Buterin then sneered back, saying,
Needless to say, the latest anti-XRP comment by Buterin has garnered significant traction that even David Schwartz didn’t hold back. Once again, the Ripple CTO Schwartz then proceeded to ask Buterin if the debate should be settled by the market or the government.With no regulatory clarity in sight, the status of crypto-assets has been a bone of contention for years. The ongoing US Securities and Exchange Commission vs. Ripple case is expected to provide a much-needed breakthrough for the industry.
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