Litecoin (LTC), being the fifth most prominent cryptocurrency in the world, enjoyed a very impressive rise for the last two months, surpassing the $300 mark. Some would argue that the software engineer arrived at this sudden decision at a very convenient time, and the sale should have been very profitable for the Litecoin developer.<\/p>\n
His statement, however, shifts the focus away from the financial aspect of the transaction and cites ethical concerns:<\/p>\n
\u2026it is conflict of interest for me to hold LTC and tweet about it because I have so much influence. I have always refrained from buying\/selling LTC before or after my major tweets, but this is something only I know. And there will always be a doubt on whether any of my actions were to further my own personal wealth above the success of Litecoin and crypto-currency in general.<\/p>\n
<\/p><\/blockquote>\n
Whatever his reasons for selling his private reserve, Lee continues to work on the Litecoin and claims that his passion and dedication to the project have not waivered.<\/p>\n","protected":false},"excerpt":{"rendered":"
Litecoin founder Charlie Lee has come out with a rather unusual announcement in his recent reddit post. Lee decided…<\/p>\n","protected":false},"author":1,"featured_media":132,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50],"tags":[26,30],"class_list":["post-347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-mining-news","tag-news","tag-popular"],"_links":{"self":[{"href":"https:\/\/securebytez.com\/index.php?rest_route=\/wp\/v2\/posts\/347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/securebytez.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/securebytez.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/securebytez.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/securebytez.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=347"}],"version-history":[{"count":0,"href":"https:\/\/securebytez.com\/index.php?rest_route=\/wp\/v2\/posts\/347\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/securebytez.com\/index.php?rest_route=\/wp\/v2\/media\/132"}],"wp:attachment":[{"href":"https:\/\/securebytez.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/securebytez.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/securebytez.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}