The remarks were delivered during Hoskinson’s most recent weekly rollup on YouTube, where he laid out what he believes is a deeper issue surrounding the bill and how it could change competition across the crypto sector.
Hoskinson Accuses Ripple Of Playing DirtyAs noted by Hoskinson, if the CLARITY Act is passed, projects would need to prove otherwise, effectively placing the burden of defense on developers and startups from the outset.
Open-source contributors could face legal risks even when they are not directly responsible for how their code is used. He pointed to the legal exposure faced by developers connected to Tornado Cash as an example of what could become standard practice if the CLARITY Act passes in its current form.
He also flagged the removal of existing protections for DeFi developers as a provision that would send a chilling signal across the entire community of crypto developers.
Cardano Founder Says XRP Community Is Incapable Of Critical ThinkingHoskinson has been building this argument over several months, and his recent statements tie into a broader pattern of criticism against Ripple and the CLARITY Act.
