Li Qiwei: The Litecoin Foundation has enough funds to maintain operations for two years.

On October 14th, Litecoin founder Li Qiwei replied to Twitter on Twitter, saying, "The Litecoin Foundation will not be on the verge of bankruptcy, and don't listen to stupid lies. We have enough funds to maintain our operations for two years. "Trustnodes has previously reported that the Litecoin Foundation funds are almost exhausted and will run for $2 million for two years. Wright's Foundation co-founder Wang Xinxi once said: "The Litecoin Foundation will not go bankrupt. If we have more money, we will do more, and less money will do a small amount of things. We don't have a business model. We have been trying to increase our income so that we can be self-sufficient. ”