Cardano founder: Over $3 billion lost in the crypto space, but still choosing to hold on instead of exiting

According to market news, Cardano founder Charles Hoskinson revealed in a live broadcast that despite losing over $3 billion in the crypto space, he chooses to stay in the industry rather than exit.

In response to external comments about being able to "afford losses due to wealth," he stated, "If you think I am in this for the money, you are very mistaken— even if I lose everything, I will not stop." He emphasized that he has always prioritized integrity, repeatedly rejecting suspicious opportunities, thus avoiding industry scandals like the FTX collapse.

Despite the current market downturn, he encouraged the community to remain patient and focus on collaboration and building: "The market may get worse, but we are doing meaningful work that can change the world." He expressed optimism about the progress of Cardano's infrastructure and governance, specifically praising Ethereum co-founder Vitalik Buterin and Solana co-founder Anatoly Yakovenko, viewing them as true partners in promoting crypto adoption.