RE: Litecoin Founder Cashes Out, Sells Entire Stake After 9,300% Rally

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Litecoin Founder Cashes Out, Sells Entire Stake After 9,300% Rally

in litecoin •  7 years ago 

Agreed. Typically the founder should know things the rest of us don't. Wonder what that is/was and what his motivation was....?

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My guess is either the price exceeded his wildest dreams, or he realizes another crypto has better characteristics than his. Either way, I'd be careful on litecoin in particular.