Lee is the creator of Litecoin, an open-source Bitcoin fork with more tokens and lower energy use than Bitcoin.
Early years
Lee received both his undergraduate and graduate degrees from MIT in Computer Science.
He worked at Google for a decade while he developed and released Litecoin in his spare time.
He left Google to work at Coinbase for four years until 2017.
Involvement with Litecoin
Litecoin sat comfortably in the top five of cryptocurrencies by market cap for several years, which at one point was #2 in 2013 behind Bitcoin, prompting its reputation as the “silver” to Bitcoin’s “gold.”
Due to a perceived conflict of interest, Lee sold almost all of his Litecoin in 2017 when it was at its all-time high (unfortunately, looking a bit suspicious), though he contends that it was coincidence.
Frankly, Lee seems to be one of the few crypto magnates that even recognize the potential for a conflict of interest without having to be informed of it by government regulations.
Unfortunately, Litecoin has never really recovered its once prestigious place among cryptocurrency, and it has even fallen out of the top 20 coins by marketcap.
In 2021, a false news alert purported that Walmart was going to start accepting Litecoin. They even somehow accessed Litecoin’s official twitter to make an announcement. Of course, the price skyrocketed then fell abruptly when Litecoin issued an official statement denying the hoax. Charlie admitted, “We really screwed up, and will try harder not to do that.”
He is currently the managing director of the Litecoin Foundation, which is fostering Litecoin adoption.
Personal life
His Twitter is very professional. It is almost 100% dedicated to Litecoin and to encouraging kids to learn how to code.
He was invited by Justin Sun to attend the infamous lunch with Warren Buffet.
He has invested in Valkyrie Investments, series A, associated with up and comer Leah Wald.
