Controversy after Ethereum Founder Reveals Resent for XRP as Canada Restricts Solana (SOL) Purchase

• Comments from Ethereum founder Vitalik Buterin suggest that the lead developer has some resentment for XRP and the Ripple community.
• Buterin was clear that he does not believe that the Ethereum community should act in defense of XRP.

Ethereum founder Vitalik Buterin has been clear that he does not think the Ethereum community should respond in support of the XRP community. The founder was speaking in regard to the ongoing SEC lawsuit against Ripple for selling unregistered securities in the form of XRP.

The XRP community has been evangelizing the slogan “an attack on us is an attack on all.” They believe that if the SEC was to win in the lawsuit, they would go after the rest of the market. Hypocritically, they have also numerously questioned why the SEC is not going after Ethereum. Vitalik Buterin now states that this has led to their loss of the right to call on the Ethereum community.

XRP already lost their right to protection when they tried to throw us under the bus as "China-controlled" imo:https://t.co/t6cbMtjsEV

— vitalik.eth (@VitalikButerin) August 17, 2022

The Ripple vs SEC case has lingered for more than two but is increasingly looking positive for Ripple and the XRP community. As Crypto-NewsMedia recently reported, Judge Netburn recently granted Ripple’s motion to serve subpoenas to social media platforms to authenticate videos of SEC representatives.

Related: “FIRE GARY GENSLER AS SEC CHAIRMAN” PETITION GAINING TRACTION AFTER ACCUSATIONS OF CORRUPTION AND MARKET MANIPULATIONS

New Canadian Crypto Regulation to affect SOL

Buterin’s comments came amidst a debate about new Canadian regulations. The new rule limits the value of crypto citizens of certain regions to purchase only $30,000 worth of crypto in a year. While it explicitly mentioned Solana, it excluded Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.

Yo wtf

"You buy $20,000 of Solana (SOL), a restricted cryptocurrency. You’ve now used $20,000 of your $30,000 annual limit. If you want to purchase more crypto, you are limited to buy a maximum of $10,000"

Canada what is u doinghttps://t.co/1sNK7w80pd https://t.co/Z5azEzCrPj

— DavidHoffman.eth/acc🦇🔊 (@TrustlessState) August 17, 2022

While Canada has not embraced or restricted the buying, holding, and selling of cryptocurrencies, it has often warned of the risks associated with trading cryptocurrencies. But with that said, last year the country introduced a Bitcoin spot ETF which was celebrated in the country and in the U.S. Market analysts expected that the U.S would follow suit and launch their own Bitcoin ETF.