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Charles Hoskinson says he will keep investing in Cardano despite 75 percent loss

Cardano (ADA) founder Charles Hoskinson said he has suffered losses of more than 75 percent on his ADA holdings but will maintain a long-term holding stance. He said he remains one of the largest ADA holders and has previously cited losses of more than $3 billion when ADA fell 92 percent. Hoskinson rejected claims that Cardano’s decline stems from internal problems and opposed excessive cuts to development spending.