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Citing Conflicts of Interest, Litecoin Founder Sells All His Litecoin Holdings

Charlie Lee has sold all of his Litecoin holdings, other than a few physical collectibles, and donated the proceeds to charity. Litecoin is the 5th largest cryptocurrency with a market cap of approximately 17 billion dollars. Lee denies this and stated he sold his coins because it was becoming hard for him to communicate about Litecoin without it being seen as him trying to inflate its value. Lee assured everyone that he is here to stay and will continue to spend all his time working on Litecoin.

Source: https://www.bleepingcomputer.com/news/cryptocurrency/citing-conflicts-of-interest-litecoin-founder-sells-all-his-litecoin-holdings/

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