Чарльз Хоскинсон о $3 миллиардах убытков: «Я не продаю свои позиции, потому что верю в будущее» Translation: Charles Hoskinson on $3 Billion Losses: I’m Not Selling My Positions Because I Believe in the Future

The founder of Cardano, Charles Hoskinson, revealed that he has faced unrealized losses exceeding $3 billion. He made this announcement during a live broadcast from Tokyo.

The developer emphasized that he has no intention of liquidating his holdings. According to him, he is involved in cryptocurrencies not for financial gain and could «easily cash out,» but he has chosen not to do so.

«I have lost more money than anyone in the audience—over $3 billion. Do you think I wouldn’t care if I lost it all? You are mistaken. It’s easy to say, ‘Charles, you’re wealthy; you’ll survive.’ But I haven’t walked away,» noted Hoskinson.

The entrepreneur warned the community that market conditions could worsen. He advised developers and investors to remain optimistic and to seek purpose in their work beyond mere profit.

His statement came amid a general market decline, with the sector’s capitalization decreasing by 2.8%. The native token of Cardano (ADA) dropped more than 2.7% over a day—now priced at $0.26. This current price is 91.5% lower than its all-time high of $3.09, recorded in September 2021 (according to CoinGecko).

Hoskinson already addressed the topic of losses back in January. On the podcast The Wolf of All Streets, he assessed the damage from regulatory uncertainty and policy at $2.5 billion over four years. He described 2026 as a period of «fundamental reset,» when genuine utility from infrastructure would replace speculation.

Despite the financial challenges, the Cardano team continues to work on its technical roadmap. Among the priority areas, Hoskinson highlighted solutions for scaling with Hydra, improvements to the Leios consensus algorithm, and the Midnight sidechain.

It should be noted that in December 2025, Galaxy Digital CEO Mike Novogratz raised concerns about risks affecting both XRP and Cardano.