Litecoin has lost over half its value since the creator sold all of his stake
Litecoin has plunged to the sixth-largest cryptocurrency by market cap after losing half of its market value in less than a month. The cryptocurrency, created by former Coinbase engineer Charlie Lee in 2011 as a quicker alternative to the flagship bitcoin, was worth an all-time high of $365 as recently as December, according to Markets Insider data. During its astronomical rise, Lee was often accused of manipulating the price of Litecoin through his tweets and public appearances.
