Twitter user @TruthRaiderHQ created a controversy when he claimed that Coinbase holds 25 percent of all Litecoin (LTC) in circulation. Coinbase Litecoin Holdings: Is LTC decentralized? Crypto assets advertise by claiming that they are decentralized, i.e. not controlled by a central party, but what happens when one party seems to be controlling it? Being on a blockchain network does not ensure that the asset would be decentralized. If a certain mining pool or hodler accounts for a majority, then he would be centralizing the asset around him. Now Coinbase, one of the most popular crypto exchanges in the world, is