Cardano Founder: Lost Over $3 Billion in the Crypto Space

SmartContractAuditor · 2026-02-06T09:56:13+00:00

Cardano founder Charles Hoskinson stated during a live broadcast that despite losing over $3 billion in the crypto space, he will continue to invest in cryptocurrencies. He emphasized the importance of integrity, avoiding controversial opportunities, and called on the crypto community to focus on long-term development rather than short-term fluctuations.

SmartContractAuditor

2026-02-06 09:56:13

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Odaily Planet Daily reports that Cardano founder Charles Hoskinson revealed during a live broadcast that despite losing over $3 billion in the crypto space, he still chooses to continue investing in cryptocurrencies.

Hoskinson emphasized that he is not driven by personal interests and has always refused opportunities that involve controversy or risk, prioritizing integrity and principles over resources, connections, or influence. This approach has helped him avoid major scandals such as the FTX incident or the Epstein files. He also previously criticized some industry leaders for accepting flawed legislation like the CLARITY Act@E5@ in exchange for power, wealth, and elite status.

When discussing the current market environment, Hoskinson encouraged the crypto community to face the “downturn” calmly, focusing on collaboration and ongoing development rather than short-term price fluctuations. (CryptoBriefing)

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