This from Tyler Durden relaying a commenter on Ton Luongo’s article on Zerohedge entitled: Is This Why Charlie Lee Sold His Litecoin? https://tomluongo.me/2017/12/20/is-this-why-charlie-lee-sold-his-litecoin/
But, as a commenter on the Zerohedge article on this event pointed out, quite astutely:
It was requested from Facebook to do it so that he can’t be accused of personal interest, decision bias with regards to the LTC ecosystem development. Facebook is preparing the big announcement that they will introduce support for Litecoin as payment channel.
Digital currency exchange startup Coinbase has announced the appointment of a Facebook executive to its board of directors. In joining the board, David Marcus, vice president of messaging products at Facebook, will bring years of experience in building large-scale mobile products, according to a Coinbase statement posted yesterday.
Read the full article here: http://www.zerohedge.com/news/2017-12-21/why-charlie-lee-sold-his-litecoin.
I can neither confirm nor deny the accuracy of the assertions but if accurate Litecoin should jump.
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