Charlie Lee sells his litecoins but it doesn’t crash the market

Charlie Lee, who created Litecoin, once the third cryptocurrency in the world and currently, still a good trading opportunity, has decided to sell his own share in Litecoin because many people online consistently accused him in price manipulation by making statements. He apparently thought enough is enough and donated or sold all his litecoins, thus not owning any LTC for the first time in 6+ years, as he notes in the blog post dedicated to this event.

He refuses to specify how many Litecoins he owned or at what price he sold them, but notes that this sell made no harm to the market. But some people just won’t stop complaining on the Internet: now he is accused of pumping the price of Bitcoin Cash by selling his Litecoin share simultaneously with Coinbase and GDAX adding support of BCH. He tells this was not in his mind when he sold his share, and he will always be guilty for something to someone, apparently.

The news demonstrate how immature the cryptocurrency community still is and how the core fanbase of the community can become so toxic and zealotic that the veterans are no longer recognizing it.