Not Listing Cardano (ADA) “Tightly Correlated” with Bankruptcy, Charles Hoskinson Says

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Not Listing Cardano (ADA) “Tightly Correlated” with Bankruptcy, Charles Hoskinson Says
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.IOHK_Charles has criticized Gemini for refusing to list ADA

Genesis is currently facing potential bankruptcy after its lending arm unexpectedly halted withdrawals on Nov. 16.

FTX, the second-largest cryptocurrency exchange that went bankrupt last month, didn’t have any spot ADA pair. As, founder Sam Bankman-Fried tweeted that adding the token was on the exchange’s roadmap just a few weeks prior to its collapse. Notably, ADA was the only major cryptocurrency without a spot listing on FTX.

Now, Cardano enthusiasts have taken Gemini to task for refusing to add support for ADA despite listing the native tokens of other popular proof-of-stake protocols. In 2020, Gemini also feuded with the XRP community after refusing to list the popular cryptocurrency. However, it then felt vindicated after Ripple got sued by the U.S. Securities and Exchange Commission.

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