Charlie Lee, the creator of the world’s fifth-biggest cryptocurrency, Litecoin, announced that he was cashing in his profits after a 9,300% rally in the past 12 months. The San Francisco-based software engineer who founded Litecoin in 2013 said he sold and donated all of his holdings over the past few days. He declined to say how many Litecoins he sold, but said it was a small amount of what is traded daily, so it did not hurt the currency. [...]
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