Bitcoiner Samson Mow Slams Ripple for Spreading FUD on Bitcoin and Tether by U.Today


U.Today: Maximalist Samson Mow, former CSO of Blocktream and now CEO of Jan3, posted a tweet to criticize after his boss, Brad Garlinghouse, stated that he believes the SEC is now pursuing him. .

Mow cited the response issued by Tether/Bitfinex CTO Paolo Ardoino to Garlinghouse to criticize Ripple for not only “spreading FUD” about Tether but also for doing the same with Bitcoin previously.

Tether CTO Responds to Brad Garlinghouse's Tether Statement

Garlinghouse shared his opinion on their relationship and said that the US government (and the SEC as its direct representative) is going after Tether and its popular stablecoin USDT, which runs on multiple blockchains and has multiple versions supported for different fiat currencies and gold.

The CEO of Ripple also said that he considers this company to be a very important part of the ecosystem.

Paolo Ardoino then responded to this statement from the Ripple boss. Tether's CTO called him an “uninformed CEO.” Ardoino also noted that Ripple recently announced its plans to launch its own stablecoin, aiming to compete directly with Tether.

Paolo Ardoino then decided to give the Crypto development”.

Garlinghouse responded to that to refute Ardoino's accusations and deny that he attacked the largest stablecoin issuer in the market.

Third party advertisement. It is not an offer or recommendation by Investing.com. See disclosure here either
Remove ads
.

Samson Mow attacks Ripple for spreading FUD

Mow also reminded the community that in 2022, Ripple (its co-founder Chris Larsen in particular) provided $5 million to Greenpeace to start a campaign against Bitcoin. The goal was to move BTC away from the energy-consuming proof-of-work algorithm.

This article was originally published on U.Today.



scroll to top