Cardano founder Charles Hoskinson says he has lost over $3 billion after the markets turned red but says he doesn’t do it for the money.
He stated earlier this week that he’s selling his luxury belongings, including a private jet and a lamborghini, to go ‘all in’ on rebuilding Cardano.
Charles Hoskinson has lost over $3 billion in the crypto market collapse, but he’s as committed as ever to building Cardano and fighting against the takeover of the entire crypto market by traditional finance.
In a recent update from Tokyo, where the Midnight Network team has been connecting with developers and users, Hoskinson talked about the Japan trip, Cardano’s continued development and upgrades and the current bearish conditions, where the sector has lost $600 billion since the start of the month.
He stated:
It’s easy for you to say, Charles, you’re rich. You can ride it out. I’ve lost more money than anyone listening to this, over $3 billion now.
Hoskinson added that it wou
