Cardano founder Charles Hoskinson stated that his personal crypto assets have depreciated by more than $3 billion. However, the entrepreneur has no intention of liquidating his positions even amid the ongoing market decline. During a live broadcast from Tokyo, he emphasized that these are "paper losses," meaning a decrease in the value of his portfolio. The businessman added that he has the option to exit the market but consciously chooses not to. According to Hoskinson, the scale of the losses does not change his attitude toward the industry. He also sees no reason to stop working on the Cardano ecosystem. Additionally, the entrepreneur addressed digital asset owners and industry players, urging them to stay engaged despite market pressure.