This change has not pleased everyone at all, and a number of high profile names are leaving the crypto space altogether, as the vision that they saw when they first got involved has long been dead. Two well-known investors have cashed out of their cryptocurrency positions almost entirely, and we are here to look at why this has happened.
So why has he cashed out? Although he has long been one of the biggest promoters and supporters of Litecoin, many are stating that the price can never go down, which sparked warning signs for him. Although he has been very vague in his reasons, simply putting his ownership to now be a conflict of interest.
The second big name is Emil Oldenbuf, the original founder of the Bitcoin.com website. Despite being a massive supporter of Bitcoin, he now dismisses it as a form of money, and goes even further, saying that it is ‘the most risky investment a person can make’.