Cardano founder Charles Hoskinson has criticized Ripple's advocacy for the Clarity Act, amid ongoing legal battles with the SEC. Hoskinson, addressing criticism from the XRP community, emphasized that he publicly opposed the SEC's lawsuit against Ripple but argued that Ripple did not require financial support due to its substantial XRP holdings. He highlighted that Ripple's financial resources, including a $1.2 billion acquisition, were sufficient for its legal defense. Hoskinson further argued that Ripple's support for the Clarity Act is self-serving, potentially shielding Ripple while exposing smaller projects to regulatory risks. He warned that the bill could classify newer projects as securities, reducing competition and increasing legal liabilities for developers. Despite pushback from the XRP community, Hoskinson maintained that Ripple's actions do not align with broader industry interests.