Cardano founder Charles Hoskinson has made an explosive claim about the legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) in one of his infamous Ask Me Anything (AMA) videos.
Hoskinson commented on a possible settlement date for the case between Ripple and the SEC.
The Cardano leader has reportedly received information that a settlement between the two parties could be made public on Dec. 15.
However, the Cardano founder warned that the decision will have a “catastrophic” impact on the crypto industry in the now two-year-long legal battle if his information proves to be true.
I heard rumors that the Ripple case will be settled December 15, and that could have catastrophic implications for the industry one way or the other.
But you know, you just keep moving forward. Regardless of what happens, it’s a decentralized ecosystem that you guys control.
