In a recent statement, Charles Hoskinson, the co-founder of Cardano, disclosed that his organization has experienced a staggering unrealized loss amounting to $3 billion due to the ongoing downturn in the cryptocurrency market. This revelation comes in light of the significant price declines affecting various digital currencies, highlighting the challenging financial landscape that many investors and blockchain projects are currently facing amidst the prolonged crypto rout.
source: https://www.coindesk.com/markets/2026/02/07/cardano-s-charles-hoskinson-reveals-usd3-billion-unrealized-loss-in-crypto-rout