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Cardano Creator Thinks Settlement of XRP Lawsuit Would Be “Catastrophic” for Crypto Industry

Charles Hoskinson, the founder of Cardano, has recently stated that a settlement in the ongoing lawsuit between Ripple Labs and the United States Security and Exchange Commission (SEC) would have a catastrophic implication on the crypto industry.

In a recent Ask Me Anything (AMA) session, Hoskinson commented on a possible settlement date for the long-standing XRP lawsuit. The Cardano founder said he received information that a settlement between the two parties could be made on the 15th of December 2022.

(By Solomon Odunayo)

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