Cardano Founder: Lost over $3 billion in the crypto space but still chooses to stay and not exit

ChainCatcher news, according to market news, Cardano founder Charles Hoskinson revealed in a live broadcast that although he has lost more than $3 billion in the crypto field, he still chose to stick to the industry rather than exit.

In the face of the outside world’s discussion that “wealth can afford losses”, he responded: "If you think that I am in this business for money, it is a big mistake - even if I lose everything, I will not stop. He emphasized that he has always prioritized integrity and repeatedly turned down dubious opportunities, thus avoiding industry scandals like the FTX collapse.

Despite the ongoing market downturn, he encouraged the community to be patient, focus on collaboration and building: "The market may be worse, but we are doing meaningful things that can change the world. He expressed optimism about the progress of the Cardano ecosystem’s infrastructure and governance, and praised Ethereum co-founder Vitalik Buterin and Solana co-founder Anatoly Yakovenko as true companions in promoting crypto popularization.