logo
Published on Gold Anti-Trust Action Committee (http://www.gata.org)

Litecoin founder says he has sold all his holdings in the cryptocurrency

By cpowell
Created 2017-12-20 15:06

By Ryan Browne
CNBC, New York
Wednesday, December 20, 2017

The creator of litecoin has sold off all of his holdings in the cryptocurrency he created.

Charlie Lee, who founded litecoin in 2011, said on Reddit today that he had "sold and donated" all of his litecoin tokens over the past few days -- except for some physical ones he keeps as "collectibles."

Lee said he is sometimes accused of talking about the price of the digital currency on Twitter for "personal benefit."

"Some people even think I short LTC (litecoin)!" he said. "So in a sense, it is conflict of interest for me to hold LTC and tweet about it because I have so much influence." ...

... For the remainder of the report:

https://www.cnbc.com/amp/2017/12/20/litecoin-founder-charlie-lee-sells-h... [1]



ADVERTISEMENT

USAGold: Coins and bullion since 1973


USAGold, well known for its Internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business.

Please call 1-800-869-5115x100 and ask for the trading desk, or visit:

http://www.USAGold.com [2]

USAGold: Great prices, quick delivery -- all the time.


Join GATA here:

Vancouver Resource Investment Conference
Sunday-Monday, January 21-22, 2018
Vancouver Convention Centre West
Vancouver, British Columbia, Canada

https://cambridgehouse.com/e/vancouver-resource-investment-conference-20... [3]

Mining Investment Asia
Monday-Wednesday, March 26-28, 2018
Marina Bay Sands, Singapore
https://www.mininginvestmentasia.com/ [4]

Mines and Money Asia
Tuesday-Friday, April 3-6, 2017
Hong Kong Convention and Exhibition Centre
https://asia.minesandmoney.com/ [5]

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org [6]

To contribute to GATA, please visit:

http://www.gata.org/node/16 [7]