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

2026-02-06 09:55

Odaily News Cardano founder Charles Hoskinson revealed during a live stream that despite having lost over $3 billion in the crypto space, he still chooses to continue investing in cryptocurrencies.

Hoskinson emphasized that he is not driven by personal gain and has consistently rejected controversial or risky opportunities, prioritizing integrity and principles over resources, connections, or influence. This approach has allowed him to avoid major scandals such as the FTX incident or the Epstein files. He previously criticized some industry leaders for accepting the flawed CLARITY Act in pursuit of power, wealth, and elite status.

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