The founder of Litecoin no longer owns any of his own cryptocurrency

He won't say how many coins he had, but all of Litecoin founder Charlie Lee's share in the cryptocurrency has been sold or donated.

In a Reddit post early Wednesday, Lee explained how his stake in Litecoin is a conflict of interest: "Whenever I tweet about Litecoin price or even just good or bads [sic] news, I get accused of doing it for personal benefit," he wrote.

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Even though Lee sold all his coin, he's still very much involved in his currency. "I’m not quitting Litecoin," he assured in his note.

Lee's announcement comes just after the exchange Coinbase announced support for Bitcoin Cash, a Bitcoin off-shoot. With that announcement came worries about insider trading within Coinbase. Lee had a busy morning on Twitter correcting misconceptions that he dumped Litecoin and other currencies due to insider trading.

Lee was particularly incensed by a MarketWatch article that he thought inaccurately made it seem like his Litecoin sale was because of insider trading.

We reached out to Lee and Litecoin, but haven't heard back yet.

Litecoin dropped nearly $50, or 13.8 percent, since Tuesday. As of Wednesday afternoon it was at $311.26.

Here's Lee's whole statement:

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