Coinbase could be holding 25% of all Litecoin: Is Litecoin really decentralized?

  • Twitter user @TruthRaiderHQ created a controversy when he claimed that Coinbase holds 25 percent of all Litecoin (LTC) in circulation.
  • TruthRaider while claiming Coinbase owned 25% of all LTC also attacked John Kim, who, according to him, was a “fanboy” of Litecoin.
  • He then took a jab at Ripple by saying that more than 25 percent of the “shitcoin” was owned by one company.
  • However, it is not certain whether Coinbase owns that much Litecoin as the company’s asset portfolio is not known.

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