In a recent interview, Cardano founder Charles Hoskinson said he has lost over $3 billion in crypto, a remark described as direct and emotional given the scale of the losses. The disclosure has drawn widespread attention within the crypto community and prompted discussions about the personal stakes behind long-term blockchain projects. “I’ve lost over $3 BILLION now,” Hoskinson stated, underscoring the magnitude of his personal exposure.
He added, “I’ve lost more money than anyone listening to this. Over $3 billion now.” He also reflected on the possibility of cashing out: “It’d have been real easy to cash out. Just walk away.” He further questioned whether money was the primary motivation, asking, “Do you think I care if I lose it all? Do you think I’m doing this for money?”
“I’M NOT DOING THIS FOR MONEY,” he stressed, contending that the mission and technology remain paramount despite the losses. The revelation has sparked a spectrum of reactions within the Cardano community, highlighting ongoing debates about founder narratives, transparency, and long-term commitment in crypto.
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