The latest Litecoin news has stirred a hornet’s nest in the crypto world and the media. There is a never-ending barrage of comments on social media and especially Reddit, where Charlie Lee posted an elaborate explanation of why he sold and donated all his holdings in LTC.

Lee explained that he had to resort to this move as it was a conflict of interest for him to hold LTC and tweet about it because he had so much influence. People keep suspecting that his actions benefited him financially and this is something which he disagrees with completely. (Source: ".

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Why Charlie Lee Sold All His Litecoin and What It Means for Bitcoin and Litecoin Investors