There has been some reaction against Lee at this time. This announcement meant to show that there was no interest in promoting these Altcoin. This light cone maker Charlie Lee has disclosed on social media that she sold it and donated her LTC holdings in the last few days.
Going Light on Litecoin
While writing on Reddit, he points out that during the promotion of LTC as such a social impact; it was done to avoid this because of a conflict of interest. Light Coon founder Charlie Lee has been informed to the community today that they have no meaningful direct link to sell cryptocurrency and have donated their LTC holdings in recent days.
Lee also explained that he would continue to take advantage of these developments of light cone not catching these cryptocurrencies themselves. Lee has convinced his followers that this does not mean that he has left litecoin and still will spend his full time on making cryptocurrency.
source - https://news.bitcoin.com/litecoin-creator-charlie-lee-reveals-he-sold-all-his-litecoin/