Cardano’s Charles Hoskinson criticizes Ripple’s Chris Larsen for giving to Kamala Harris, emphasizing her involvement in a lethal DOD directive.
Charles Hoskinson, the founder of Cardano, has taken a jab at Chris Larsen, the co-founder of Ripple, for his recent donations of millions to support Democratic presidential candidate Kamala Harris.
Hoskinson joined Robert F. Kennedy Jr. in his criticism of the Joe Biden-Kamala Harris Administration for dividing the nation and authorizing lethal force against Americans.
Charles Hoskinson Criticises Ripple’s Chris Larsen
Charles Hoskinson, the founder of Cardano, responded to an X post by Robert F. Kennedy Jr. that expressed apprehension regarding the current political climate. In actuality, the DoD Directive 5240.01 was advanced by the Joe Biden-Kamala Harris administration, even though RFK Jr. criticized Kamala Harris for making a “fascist” comment about Donald Trump.
“For the first time in history, the Pentagon has been granted the authority to employ lethal force against Americans on U.S. soil who are protesting government policies under DoD Directive 5240.01.” “The words that a politician speaks are of little consequence if one wishes to comprehend her,” stated Robert F. Kennedy Jr.
Hoskinson emphasized that the directive targeting Americans was a “betrayal of the Posse Comitatus Act of 1878” and criticized the administration for its continued implementation.
Additionally, he condemned Chris Larsen for contributing $11.8 million to Democrats. The regulatory investigation of crypto is still ongoing, and its decentralized and neutral ethos may be further complicated by its use in a political context.
Crypto Market experienced decline in response to Chris Larsen’s donations
Market sentiment has been affected by Chris Larsen’s contribution to Kamala Harris’s campaign. Garlinghouse and Larsen were required to explain the donation of XRP to Kamala Harris by Ripple CEO Brad Garlinghouse.
The price of XRP has decreased by 5% this week and is currently trading at $0.52. Coinglass data also indicates that XRP experienced a decline in activity in the derivatives market, with an 82% decrease in options volume.
Additionally, the price of ADA has experienced a 3% decrease in the past 24 hours, and it is currently trading at $0.34. The 24-hour peak and low for ADA are $0.356 and $0.340, respectively.
