Charlie Lee sold all his Litecoin last year (near the all time high or presumably much higher than where it is today) citing a conflict of interest. I’m no attorney but why does Zuck get to own FB & yet it’s a problem for Charlie to own LTC. It’s like an LSAT logic question.
I choose “C”. Incorrect.
Now if CZ owns BNB & Vitalik owns ETH, can Charlie re-acquire LTC? I choose “D”. Wrong.
Someone bought almost $400 million of LTC today. It wasn’t me. Could it have been Charlie? “A”. Maybe.
Shilling a coin is illegal. Owning a coin isn’t. I asked this question pointedly before: why doesn’t Charlie re-establish his LTC position & stop talking about LTC. As a marketeer, his results – down 85% – leave something to be desired. Isn’t his capital more important to the ecosystem than wrestling promotions. Answer: All of the above. I’m terrible at multiple choice.
This is how my mind works: I see things & wonder: how’d that happen? As I said earlier, most of the time you never find out the real answer. But it’s a stimulating exercise to ask: “Why.”
Somebody or somebody’s bought so much LTC it rallied 30% in a matter of hours. Whodunit?
E: A Player or Players To Be Named Letter (my brother’s next doc should be on the mysterious PTBNL).