Charles Hoskinson, the founder of Cardano, commented on Ripple's private dinner with President Donald Trump, claiming that Ripple had paid $5 million for the meeting. Hoskinson expressed his disinterest in such photo opportunities and emphasized the need for meaningful policy change. He mentioned that he would also be sending a team of 10 to Trump's inauguration but clarified that he was not in a hurry to engage in lobbying activities with policymakers. Hoskinson's comments came in the context of the broader strategy of the crypto industry to influence crypto policy under Trump's administration, which saw over $200 million in donations to Trump's campaign and inauguration.



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