The litecoin founder did not disclose the amount of tokens sold Wednesday although said the item was a “smaller percentage” of daily volume on the cryptocurrency exchange GDAX in addition to “did not crash the market.”
Lee even said he had been accused of trying to manipulate people into buying bitcoin cash, a bitcoin spin-off which split via the original blockchain back in August.
“Some people even think I’m pumping Bcash (bitcoin cash) for my personal benefit,” he said inside the post on Reddit. “the item seems like I just can’t win.”
Bitcoin cash’s cost rise was surrounded in controversy Wednesday after Coinbase launched support for the digital currency. The feature has been taken down temporarily due to “significant volatility,” according to the cryptocurrency exchange.
The venue subsequently said the item would likely look into claims of insider trading after the item was revealed which the cost of bitcoin cash rose hours before the item launched the feature.