Hoskinson Blasts Ripple CEO Garlinghouse In Fresh Public Rant
Cardano founder Charles Hoskinson criticized Ripple CEO Brad Garlinghouse in a video on January 18, 2026, for supporting the US Clarity Act, which Hoskinson argues would expand the SEC's authority and harm the crypto industry. He claimed the bill, with 137 amendments, would treat all new projects as securities by default, forcing them to seek regulatory relief. Hoskinson called this worse than the current regulatory uncertainty, accusing Garlinghouse and others of compromising too easily. He warned that passing a flawed bill would make meaningful change nearly impossible, citing the long-standing Securities Exchange Act of 1933. Hoskinson also expressed concerns about the industry moving toward custodial wallets, KYC, and reversible transactions, which he believes betray crypto's original revolutionary ethos. At the time of reporting, XRP was trading at $1.95.
bitcoinist01/19 12:02