Litecoin Creator Sells Stake Citing ‘Conflict of Interest’

The creator of litecoin has sold off all his holdings in the cryptocurrency, citing a perceived conflict of interest.

Writing in a Reddit post this morning, developer Charlie Lee explained he no longer wants to fend off allegations his remarks about litecoin’s price are being done for his personal enrichment, and that he saw the sale as the best way to ensure transparency over his actions.

You can read the full article written by Daniel Palmer here.

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