Cardano founder: Has lost over $3 billion in the crypto space, but chooses to stay rather than quit.

PANews reported on February 6th that, according to CryptoBriefing, Cardano founder Charles Hoskinson revealed in a live stream that despite having lost over $3 billion in the crypto space, he has chosen to stay in the industry rather than quit. Addressing speculation that he is "rich enough to afford losses," he responded, "If you think I'm in this business for money, you're sorely mistaken—even if I lose it all, I won't stop." He emphasized that he has always prioritized integrity, repeatedly rejecting questionable opportunities and thus avoiding industry scandals such as the FTX crash.

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