‘We Got Too Excited’: Charlie Lee, Litecoin Foundation Apologize After LitePay Vanishes


Litecoin creator Charlie Lee and the Litecoin Foundation have each apologized for failing to conduct due diligence on LTC-based payment processing startup LitePay, which has sparked allegations of conducting an exit scam due to its abrupt closure. As CCN reported, the Litecoin price had surged in mid-February on news that LitePay — which purported to

The post ‘We Got Too Excited’: Charlie Lee, Litecoin Foundation Apologize After LitePay Vanishes appeared first on CCN

Posted by Josiah Wilmoth on March 26, 2018 @ https://www.ccn.com/we-got-too-excited-charlie-lee-litecoin-foundation-apologize-after-litepay-vanishes/

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